Clorox (NYSE: CLX) COO has 277 shares withheld to cover taxes
Rhea-AI Filing Summary
Clorox executive Chris T. Hyder, EVP-Chief Operating Officer, reported a tax-related share withholding on 2026-07-15. The company withheld 277 shares of common stock at $94.75 per share to satisfy tax obligations tied to vesting restricted stock, leaving Hyder with 76,860 directly held shares, including 36 acquired through a dividend reinvestment feature.
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Insider Trade Summary
Net Seller: 277 shares
Net Sell
1 txn
Insider
Hyder Chris T
Role
EVP-Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 277 | $94.75 | $26K |
Holdings After Transaction:
Common Stock — 76,860 shares (Direct)
Footnotes (2)
- F1. Withholding of shares by the Company to satisfy tax obligations relating to vesting of restricted stock.
- F2. Includes 36 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.
Key Figures
Shares withheld for taxes: 277 shares
Per-share withholding value: $94.75 per share
Shares held after transaction: 76,860 shares
+1 more
4 metrics
Shares withheld for taxes
277 shares
Common stock withheld on 2026-07-15 to satisfy tax obligations on vesting restricted stock
Per-share withholding value
$94.75 per share
Value used for the 277 withheld Clorox common shares
Shares held after transaction
76,860 shares
Directly held Clorox common stock by Chris T. Hyder following the tax withholding
Dividend reinvestment shares
36 shares
Included within Hyder’s post-transaction holdings via dividend reinvestment in the Stock Incentive Plan
Key Terms
restricted stock, dividend reinvestment, Stock Incentive Plan, tax obligations
4 terms
restricted stock financial
"tax obligations relating to vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
dividend reinvestment financial
"36 shares acquired pursuant to a dividend reinvestment feature"
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.
Stock Incentive Plan financial
"dividend reinvestment feature of the Company's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
tax obligations financial
"to satisfy tax obligations relating to vesting of restricted stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Clorox (CLX) report for Chris T. Hyder?
Clorox (CLX) reported that EVP-Chief Operating Officer Chris T. Hyder had 277 shares of common stock withheld on 2026-07-15. The company used these shares, valued at $94.75 each, to cover tax obligations from vesting restricted stock.
Was the Clorox (CLX) Form 4 transaction a market sale or tax withholding?
The Form 4 for Clorox (CLX) shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations related to the vesting of restricted stock granted to Chris T. Hyder.