Clorox director granted deferred stock units
Clorox director Stephanie Plaines reported awards of deferred stock units that increase her equity-based compensation stake.
Rhea-AI Filing Summary
Clorox director Stephanie Plaines reported awards of deferred stock units that increase her equity-based compensation stake. She acquired 265.3672 deferred stock units on March 31, 2026 and 72.7316 units on February 13, 2026, both at a stated price of $0.00 per unit as non-cash awards.
The units are credited 1-for-1 in relation to Clorox common stock and arise from dividend reinvestment during the fiscal year and receipt of deferred units instead of quarterly director fees under the Independent Directors' Deferred Compensation Plan. Following the latest award, she holds a total of 7,725.0486 deferred stock units, which will be settled entirely in Clorox stock upon her retirement or other termination of board service.
Positive
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Insider Trade Summary
Grant/Award: 338.0988 shares
Grant/Award
2 txns
Insider
Plaines Stephanie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 265.3672 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 72.7316 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 7,725.0486 contracts (Direct)
Footnotes (4)
- F1. 1-for-1
- F2. Deferred Stock Units acquired through dividend reinvestment during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan.
- F3. 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.
- F4. Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees.
Key Figures
Deferred stock units granted: 265.3672 units
Deferred stock units granted: 72.7316 units
Total deferred stock units held: 7,725.0486 units
+2 more
5 metrics
Deferred stock units granted
265.3672 units
Award on March 31, 2026
Deferred stock units granted
72.7316 units
Award on February 13, 2026
Total deferred stock units held
7,725.0486 units
Holdings after March 31, 2026 transaction
Award price per unit
$0.00
Both reported deferred stock unit awards
Underlying common stock ratio
1-for-1
Deferred stock units to Clorox common stock
Key Terms
Deferred Stock Units, Independent Directors' Deferred Compensation Plan, dividend reinvestment
3 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.
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.
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.
FAQ
What insider transaction did Clorox (CLX) director Stephanie Plaines report?
Stephanie Plaines reported acquiring deferred stock units as part of her director compensation. She received 265.3672 units on March 31, 2026 and 72.7316 units on February 13, 2026, both recorded at a price of $0.00 per unit.
How many Clorox (CLX) deferred stock units does Stephanie Plaines now hold?
After the latest reported awards, Stephanie Plaines holds 7,725.0486 deferred stock units. These units are linked 1-for-1 to Clorox common stock and represent equity-based compensation accumulated during her service as a director on the company’s board.
How were the new Clorox (CLX) deferred stock units to Stephanie Plaines earned?
The deferred stock units were earned through dividend reinvestment and in lieu of quarterly director fees. They are credited under Clorox’s Independent Directors’ Deferred Compensation Plan, reflecting non-cash compensation that tracks the value of Clorox common stock on a 1-for-1 basis.
When will Stephanie Plaines’ Clorox (CLX) deferred stock units be settled?
The deferred stock units will be settled 100% in Clorox common stock upon Stephanie Plaines’ retirement or other termination of service as a director. Settlement timing is therefore tied to the end of her board service rather than a fixed calendar date.
Do Stephanie Plaines’ recent Clorox (CLX) awards involve open-market buying or selling?
The reported transactions reflect grant and accumulation of deferred stock units as compensation, not open-market trades. Both entries use transaction code “A” for awards, with a stated price of $0.00 per unit, indicating non-cash director compensation rather than market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
