CLX Form 4: 9,913-share settlement; ownership now 32,203 shares
Rhea-AI Filing Summary
Clorox (CLX) director and EVP Stacey Grier reported transactions dated 10/03/2025 showing settlement of a 2022 performance unit award and related share movements. The reporting person received 9,913 shares upon settlement of the performance unit grant, which she elected to defer under the 2005 Stock Incentive Plan. The company withheld 233 shares to cover taxes on performance stock units and 799 shares for taxes on restricted stock. After these transactions and including 1,004 dividend-reinvested shares, the filing shows beneficial ownership fell from 33,235 shares to 32,203.
Positive
- 9,913 shares vested from the 2022 performance unit grant (settlement on 10/03/2025)
- Elected deferral of the performance unit settlement under the 2005 Stock Incentive Plan, indicating long-term compensation alignment
- 1,004 shares added via the dividend reinvestment feature of the Stock Incentive Plan
Negative
- 1,032 shares withheld in total (233 + 799) to satisfy tax obligations, reducing immediate beneficial ownership
- Net ownership decline from 33,235 to 32,203 shares following the transactions
Insights
Vesting shows routine executive compensation settlement with tax withholding.
The settlement of a 2022 performance unit on 10/03/2025 converted to 9,913 common shares, and the reporting person elected to defer receipt under the plan, which is a common governance practice to align long-term incentives.
Withholding of 233 and 799 shares for tax obligations reduced immediate share count; monitor any future deferral distributions or additional elections during subsequent vesting cycles over the next 12 months.
Net change reflects vesting plus tax-withholdings and dividend reinvestment.
The filing shows the net effect: a 9,913-share settlement offset by share withholding for taxes and a final beneficial holding of 32,203 shares. The inclusion of 1,004 dividend-reinvested shares is explicitly noted.
Key items to watch are the timing of deferred distributions and how future tax-withholding practices affect outstanding insider holdings in the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,913 | $122.25 | $1.21M |
| Tax Withholding | Common Stock | 233 | $122.25 | $28K |
| Tax Withholding | Common Stock | 799 | $122.25 | $98K |
Footnotes (1)
- Settlement of 2022 Performance Unit Grant that vested 10/3/25, which the reporting person has elected to defer pursuant to the 2005 Stock Incentive Plan. Withholding of shares by the Company to satisfy tax obligations relating to vesting of performance stock units. Withholding of shares by the Company to satisfy tax obligations relating to vesting of restricted stock. Includes 1,004 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.