Michael S Gadd

Insider

First SEC filing: Dec. 2, 2008 · Latest: Jan. 3, 2013

On this page

Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.
Compensation Executive pay disclosed in company proxy statements.

Insider at

CLW selling Aug. 4, 2023

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 68 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

68 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
Aug. 4, 2023	CLW	S 10b5-1	6,182	$35.68	$220,574	61,843 Direct	-9.09%	Disposed	-41.4% (price as of 2026-08-20)
May 5, 2023	CLW	S 10b5-1	6,126	$32.09	$196,583	68,025 Direct	-8.26%	Disposed	-34.9% (price as of 2026-08-20)
March 4, 2023	CLW	F	580	$38.55	$22,359	74,151 Direct	-0.78%	Disposed	-45.8% (price as of 2026-08-20)
March 3, 2023	CLW	F	429	$38.55	$16,538	75,563 Direct	-0.56%	Disposed	-45.8% (price as of 2026-08-20)
March 3, 2023	CLW	F	832	$38.55	$32,074	74,731 Direct	-1.10%	Disposed	-45.8% (price as of 2026-08-20)
Feb. 27, 2023	CLW	F	5,979	$38.23	$228,577	75,992 Direct	-7.29%	Disposed	-45.3% (price as of 2026-08-20)
Feb. 27, 2023	CLW	A	24,120	$38.23	$922,108	81,971 Direct	+41.69%	Acquired	-45.3% (price as of 2026-08-20)
Feb. 27, 2023	CLW	A	5,538	—	—	57,851 Direct	+10.59%	Acquired	(price as of 2026-08-20)
Feb. 24, 2023	CLW	S	8,685	$37.63	$326,817	52,313 Direct	-14.24%	Disposed	-44.5% (price as of 2026-08-20)
Nov. 3, 2022	CLW	S 10b5-1	701	$38.05	$26,673	61,366 Direct	-1.13%	Disposed	-45.1% (price as of 2026-08-20)
Nov. 3, 2022	CLW	S 10b5-1	7,799	$37.26	$290,591	62,067 Direct	-11.16%	Disposed	-43.9% (price as of 2026-08-20)
Aug. 4, 2022	CLW	S 10b5-1	200	$43.06	$8,612	69,866 Direct	-0.29%	Disposed	-51.5% (price as of 2026-08-20)
Aug. 4, 2022	CLW	S 10b5-1	4,083	$42.34	$172,874	70,066 Direct	-5.51%	Disposed	-50.6% (price as of 2026-08-20)
Aug. 4, 2022	CLW	S 10b5-1	4,408	$41.68	$183,725	74,149 Direct	-5.61%	Disposed	-49.9% (price as of 2026-08-20)
April 4, 2022	CLW	S 10b5-1	2,295	$27.62	$63,388	78,557 Direct	-2.84%	Disposed	-24.3% (price as of 2026-08-20)
April 1, 2022	CLW	F	4,011	$28.03	$112,428	80,852 Direct	-4.73%	Disposed	-25.4% (price as of 2026-08-20)
March 7, 2022	CLW	F	333	$29.43	$9,800	84,863 Direct	-0.39%	Disposed	-29.0% (price as of 2026-08-20)
March 4, 2022	CLW	F	383	$29.14	$11,161	85,196 Direct	-0.45%	Disposed	-28.3% (price as of 2026-08-20)
March 3, 2022	CLW	F	506	$28.62	$14,482	85,579 Direct	-0.59%	Disposed	-27.0% (price as of 2026-08-20)
March 3, 2022	CLW	F	1,984	$29.14	$57,814	86,085 Direct	-2.25%	Disposed	-28.3% (price as of 2026-08-20)
March 3, 2022	CLW	A	8,039	$29.14	$234,256	88,069 Direct	+10.04%	Acquired	-28.3% (price as of 2026-08-20)
March 3, 2022	CLW	A	6,406	—	—	80,030 Direct	+8.70%	Acquired	(price as of 2026-08-20)
March 7, 2021	CLW	F	323	$36.33	$11,735	73,851 Direct	-0.44%	Disposed	-42.5% (price as of 2026-08-20)
March 5, 2021	CLW	F	271	$36.33	$9,845	74,174 Direct	-0.36%	Disposed	-42.5% (price as of 2026-08-20)
March 4, 2021	CLW	A	4,758	$36.51	$173,715	74,445 Direct	+6.83%	Acquired	-42.8% (price as of 2026-08-20)
March 4, 2021	CLW	F	429	$36.51	$15,663	69,687 Direct	-0.61%	Disposed	-42.8% (price as of 2026-08-20)
March 4, 2021	CLW	A	1,771	$36.51	$64,659	70,116 Direct	+2.59%	Acquired	-42.8% (price as of 2026-08-20)
March 3, 2021	CLW	F	506	$36.52	$18,479	68,345 Direct	-0.73%	Disposed	-42.8% (price as of 2026-08-20)
Nov. 18, 2020	CLW	S	7,586	$37.26	$282,654	68,851 Direct	-9.92%	Disposed	-43.9% (price as of 2026-08-20)
April 1, 2020	CLW	A	15,297	$17.75	$271,522	76,437 Direct	+25.02%	Acquired	17.7% (price as of 2026-08-20)
March 7, 2020	CLW	F	318	$27.47	$8,735	61,140 Direct	-0.52%	Disposed	-23.9% (price as of 2026-08-20)
March 5, 2020	CLW	F	320	$29.05	$9,296	61,458 Direct	-0.52%	Disposed	-28.1% (price as of 2026-08-20)
March 3, 2020	CLW	A	5,169	$28.67	$148,195	61,778 Direct	+9.13%	Acquired	-27.1% (price as of 2026-08-20)
March 1, 2020	CLW	F	170	$28.92	$4,916	56,609 Direct	-0.30%	Disposed	-27.7% (price as of 2026-08-20)
March 7, 2019	CLW	A	4,015	$27.11	$108,847	17,734 Direct	+29.27%	Acquired	-22.9% (price as of 2026-08-20)
March 5, 2019	CLW	F	320	$27.97	$8,950	13,719 Direct	-2.28%	Disposed	-25.3% (price as of 2026-08-20)
March 1, 2019	CLW	F	165	$28.60	$4,719	14,039 Direct	-1.16%	Disposed	-26.9% (price as of 2026-08-20)
Dec. 31, 2018	CLW	F	613	$24.58	$15,068	14,204 Direct	-4.14%	Disposed	-15.0% (price as of 2026-08-20)
March 5, 2018	CLW	A	3,270	$37.45	$122,462	14,817 Direct	+28.32%	Acquired	-44.2% (price as of 2026-08-20)
March 5, 2018	CLW	A	9,813	—	—	42,630 Direct	+29.90%	Acquired	(price as of 2026-08-20)
March 1, 2018	CLW	F	165	$37.60	$6,204	11,547 Direct	-1.41%	Disposed	-44.4% (price as of 2026-08-20)
Dec. 29, 2017	CLW	F	384	$46.30	$17,779	17,080 Direct	-2.20%	Disposed	-54.9% (price as of 2026-08-20)
July 31, 2017	CLW	S 10b5-1	1,546	$50.04	$77,362	17,464 Direct	-8.13%	Disposed	-58.2% (price as of 2026-08-20)
July 20, 2017	CLW	S 10b5-1	877	$50.01	$43,859	19,010 Direct	-4.41%	Disposed	-58.2% (price as of 2026-08-20)
Feb. 27, 2017	CLW	A	7,587	—	—	32,817 Direct	+30.07%	Acquired	(price as of 2026-08-20)
Feb. 27, 2017	CLW	S 10b5-1	5,233	$57.04	$298,490	19,887 Direct	-20.83%	Disposed	-63.4% (price as of 2026-08-20)
Feb. 27, 2017	CLW	A	1,685	—	—	25,120 Direct	+7.19%	Acquired	(price as of 2026-08-20)
Feb. 27, 2017	CLW	F	667	$56.75	$37,852	23,435 Direct	-2.77%	Disposed	-63.2% (price as of 2026-08-20)
Feb. 27, 2017	CLW	A	2,251	$56.75	$127,744	24,102 Direct	+10.30%	Acquired	-63.2% (price as of 2026-08-20)
Dec. 30, 2016	CLW	F	462	$65.55	$30,284	21,851 Direct	-2.07%	Disposed	-68.1% (price as of 2026-08-20)
Nov. 18, 2016	CLW	G	1,000	—	—	68,472 Indirect	-1.44%	Disposed	(price as of 2026-08-20)
Oct. 26, 2016	CLW	S 10b5-1	200	$55.55	$11,110	22,313 Direct	-0.89%	Disposed	-62.4% (price as of 2026-08-20)
Oct. 26, 2016	CLW	S 10b5-1	4,929	$54.79	$270,060	22,513 Direct	-17.96%	Disposed	-61.9% (price as of 2026-08-20)
Feb. 25, 2016	CLW	A	11,328	—	—	25,230 Direct	+81.48%	Acquired	(price as of 2026-08-20)
Feb. 25, 2016	CLW	A	2,517	—	—	12,313 Direct	+25.69%	Acquired	(price as of 2026-08-20)
Dec. 31, 2015	CLW	F	555	$45.53	$25,269	9,796 Direct	-5.36%	Disposed	-54.1% (price as of 2026-08-20)
Feb. 26, 2015	CLW	A	6,315	—	—	13,902 Direct	+83.23%	Acquired	(price as of 2026-08-20)
Feb. 26, 2015	CLW	A	6,315	—	—	13,902 Direct	+83.23%	Acquired	(price as of 2026-08-20)
Feb. 26, 2015	CLW	A	1,403	—	—	10,351 Direct	+15.68%	Acquired	(price as of 2026-08-20)
Feb. 26, 2015	CLW	F	2,022	$61.75	$124,858	8,948 Direct	-18.43%	Disposed	-66.2% (price as of 2026-08-20)
Feb. 26, 2015	CLW	A	7,255	$61.75	$447,996	10,970 Direct	+195.29%	Acquired	-66.2% (price as of 2026-08-20)
Dec. 31, 2014	CLW	F	2,841	$68.55	$194,751	8,844 Direct	-24.31%	Disposed	-69.5% (price as of 2026-08-20)
Feb. 24, 2014	CLW	A	7,587	—	—	7,587 Direct	—	Acquired	(price as of 2026-08-20)
Feb. 24, 2014	CLW	A	1,688	—	—	19,476 Direct	+9.49%	Acquired	(price as of 2026-08-20)
Dec. 31, 2013	CLW	F	4,733	$52.50	$248,482	17,788 Direct	-21.02%	Disposed	-60.2% (price as of 2026-08-20)
Feb. 25, 2013	CLW	A	2,027	—	—	94,202 Direct	+2.20%	Acquired	(price as of 2026-08-20)
Feb. 25, 2013	CLW	F	1,721	$47.30	$81,403	92,175 Direct	-1.83%	Disposed	-55.8% (price as of 2026-08-20)
Feb. 25, 2013	CLW	A	6,106	$47.30	$288,814	93,896 Direct	+6.96%	Acquired	-55.8% (price as of 2026-08-20)
Feb. 28, 2012	CLW	F	19,159	$35.30	$676,313	88,790 Direct	-17.75%	Disposed	-40.8% (price as of 2026-08-20)
Feb. 28, 2012	CLW	A	54,768	$35.30	$1,933,310	107,949 Direct	+102.98%	Acquired	-40.8% (price as of 2026-08-20)
Feb. 28, 2012	CLW	A	2,262	—	—	53,181 Direct	+4.44%	Acquired	(price as of 2026-08-20)
Jan. 13, 2012	CLW	F	5,461	$36.67	$200,255	50,919 Direct	-9.69%	Disposed	-43.0% (price as of 2026-08-20)
Dec. 31, 2011	CLW	F	1,884	$35.61	$67,089	56,380 Direct	-3.23%	Disposed	-41.3% (price as of 2026-08-20)
Feb. 24, 2011	CLW	A	723	—	—	29,132 Direct	+2.54%	Acquired	(price as of 2026-08-20)
Jan. 31, 2011	CLW	F	540	$79.08	$42,703	28,409 Direct	-1.87%	Disposed	-47.1% (price as of 2026-08-20)
Jan. 13, 2011	CLW	F	645	$79.71	$51,413	28,949 Direct	-2.18%	Disposed	-47.6% (price as of 2026-08-20)
Feb. 25, 2010	CLW	A	1,004	—	—	29,594 Direct	+3.51%	Acquired	(price as of 2026-08-20)
Jan. 13, 2010	CLW	F	1,347	$55.28	$74,462	28,590 Direct	-4.50%	Disposed	-24.4% (price as of 2026-08-20)
March 2, 2009	CLW	A	4,564	—	—	29,937 Direct	+17.99%	Acquired	(price as of 2026-08-20)
Jan. 30, 2009	CLW	A	16,092	—	—	25,373 Direct	+173.39%	Acquired	(price as of 2026-08-20)
Jan. 13, 2009	CLW	A	2,040	—	—	9,281 Direct	+28.17%	Acquired	(price as of 2026-08-20)
Jan. 13, 2009	CLW	A	4,681	—	—	7,241 Direct	+182.85%	Acquired	(price as of 2026-08-20)
Jan. 13, 2009	CLW	A	2,245	—	—	2,560 Direct	+712.70%	Acquired	(price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
March 5, 2018	CLW	Employee Stock Options (right to buy)	Common Stock (9,813)	$37.45	March 5, 2028	9,813	Acquired
Feb. 27, 2017	CLW	Employee Stock Option (right to buy)	Common Stock (7,587)	$56.75	Feb. 27, 2027	7,587	Acquired
Feb. 25, 2016	CLW	Employee Stock Option (right to buy)	Common Stock (11,328)	$38.75	Feb. 25, 2026	11,328	Acquired
Feb. 26, 2015	CLW	Employee Stock Option (right to buy)	Common Stock (6,315)	—	Feb. 26, 2025	6,315	Acquired
Feb. 26, 2015	CLW	Employee Stock Option (right to buy)	Common Stock (6,315)	$69.48	Feb. 26, 2025	6,315	Acquired
Feb. 24, 2014	CLW	Employee Stock Option (right to buy)	Common Stock (7,587)	$66.97	Feb. 24, 2024	7,587	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 1 holding

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Dec. 2, 2008	CLW	No securities are beneficially owned.	0	Direct

Compensation (DEF 14A)

Matched by name from proxy statements (DEF 14A) — verify against the filing.

CLW

Fiscal year	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension change	Other	Total
2025	$444,646	—	$512,697	$0	$298,100	$22,146	$61,692	$1,339,281
2024	$525,500	—	—	—	$356,300	$8,205	$76,225	$1,585,937
2023	$512,116	—	$547,862	—	$447,300	$18,396	$82,892	$1,608,565

Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.