Clorox (CLX) director Russell Weiner receives new deferred stock unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clorox (CLX) director Russell J. Weiner reported routine compensation-related acquisitions of Deferred Stock Units. On February 13, 2026, he received 172.3630 Deferred Stock Units, and on March 31, 2026, he received 325.6779 Deferred Stock Units, each on a 1-for-1 basis linked to Clorox common stock.
According to the footnotes, some units were acquired through dividend reinvestment under the Independent Directors' Deferred Compensation Plan and others in lieu of quarterly director fees. The units will be settled entirely in Clorox stock upon his retirement or other termination of service as a director. Following these awards, his reported balance is 18,004.0034 Deferred Stock Units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WEINER RUSSELL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 325.678 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 172.363 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 18,004.003 shares (Direct)
Footnotes (1)
- 1-for-1 Deferred Stock Units acquired through dividend reinvestment during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan. The Deferred Stock Units will be settled 100% in Clorox stock in connection with the reporting person's retirement or other termination of service as a Director. Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees.
Key Figures
Deferred Stock Units granted: 325.6779 units
Deferred Stock Units granted: 172.3630 units
Total Deferred Stock Units held: 18,004.0034 units
+1 more
4 metrics
Deferred Stock Units granted
325.6779 units
Award on March 31, 2026
Deferred Stock Units granted
172.3630 units
Award on February 13, 2026
Total Deferred Stock Units held
18,004.0034 units
Holdings following March 31, 2026 award
Conversion ratio
1-for-1
Each unit settled in one share of common stock
Key Terms
Deferred Stock Units, dividend reinvestment, Independent Directors' Deferred Compensation Plan, in lieu of receipt of quarterly director's fees
4 terms
Deferred Stock Units financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend reinvestment financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Independent Directors' Deferred Compensation Plan financial
"during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan"
A deferred compensation plan for independent directors lets outside board members postpone receiving part of their fees or stock awards until a later date, often when they retire or leave the board. Think of it as choosing to put pay into a company-run savings plan that grows and pays out later; it matters to investors because it affects director incentives, future cash or share obligations, and how aligned independent directors are with long-term company performance.
in lieu of receipt of quarterly director's fees financial
"Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees"
FAQ
What did Clorox (CLX) director Russell Weiner report in this Form 4?
Russell Weiner reported acquiring additional Deferred Stock Units as part of his director compensation. These awards reflect routine grants and dividend reinvestment, increasing his deferred stake that will eventually be settled in Clorox common stock at retirement or when board service ends.
How many Deferred Stock Units did Russell Weiner receive in the latest Clorox (CLX) filing?
Weiner received 325.6779 Deferred Stock Units on March 31, 2026 and 172.3630 units on February 13, 2026. Both represent compensation-related awards, either through dividend reinvestment or in lieu of quarterly director fees under Clorox’s director compensation programs.
What is Russell Weiner’s total Deferred Stock Unit holding in Clorox (CLX)?
After the reported transactions, Russell Weiner holds 18,004.0034 Deferred Stock Units directly. Each unit represents a right to receive one share of Clorox common stock, with settlement scheduled at his retirement or other termination of service as a director.
How are Clorox (CLX) Deferred Stock Units for directors settled?
The Deferred Stock Units will be settled 100% in Clorox common stock. Settlement occurs when the director retires or otherwise terminates service from the board, aligning director compensation with long-term shareholder interests rather than immediate cash payments during their tenure.
How were the new Clorox (CLX) Deferred Stock Units for Russell Weiner earned?
Footnotes state that some Deferred Stock Units were acquired through dividend reinvestment during the fiscal year. Others were received in lieu of quarterly director fees, under the Independent Directors' Deferred Compensation Plan that lets directors defer compensation into stock-based units.