Clorox Form 4: 2,581 Shares Settled; 1,314 Withheld for Taxes
Rhea-AI Filing Summary
Clorox insider transaction: The company's EVP & Chief Financial Officer received 2,581 shares upon settlement of a 2022 Performance Unit Grant that vested on 10/03/2025 at a reported per-share value of $122.25. The filing shows two share-withholdings to satisfy tax obligations: 421 shares withheld for restricted stock taxes and 893 shares withheld for performance stock unit taxes. After these transactions, the reporting person beneficially owned 20,864 shares (which includes 167 dividend-reinvestment shares).
Positive
- 2,581 shares received from settlement of a 2022 Performance Unit Grant
- Beneficial ownership remains aligned at 20,864 shares, including dividend reinvestment
Negative
- 1,314 shares withheld (421 + 893) to satisfy tax obligations, reducing net share increase
- Net holdings decreased from pre-transaction levels to 20,864 shares
Insights
Executive received vested performance units; tax withholdings reduced net share gain.
The filing records settlement of a 2022 Performance Unit Grant with 2,581 shares delivered on 10/03/2025, valued at $122.25 per share in the report. Net share additions were offset by company withholding of 421 and 893 shares to cover tax obligations tied to restricted stock and performance stock units.
This pattern is consistent with standard executive compensation mechanics where vested equity converts to stock and the issuer withholds shares for taxes. Watch upcoming filings for further vesting events or planned sales within the reporting person's trading windows over the next 12 months.
Transaction is routine and disclosed under Section 16; no unusual trading type is reported.
The Form 4 indicates normal vesting and internal tax withholding rather than open-market sales or transfers to related parties. Beneficial ownership after the transaction is reported as 20,864 shares, including 167 dividend reinvestment shares, suggesting continued equity alignment with shareholders.
Governance monitoring should note if future filings show sales beyond tax withholdings or any use of a Rule 10b5-1 plan; check subsequent Forms within the next fiscal quarter for material changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,581 | $122.25 | $316K |
| Tax Withholding | Common Stock | 421 | $122.25 | $51K |
| Tax Withholding | Common Stock | 893 | $122.25 | $109K |
Footnotes (1)
- Settlement of 2022 Performance Unit Grant, which vested 10/3/25. Withholding of shares by the Company to satisfy tax obligations relating to vesting of restricted stock. Withholding of shares by the Company to satisfy tax obligations relating to vesting of performance stock units. Includes 167 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.