Clorox insider report: CEO adds 43,370 shares; 9,462 withheld
Rhea-AI Filing Summary
Insider transaction summary for CLOROX CO (CLX)
On 10/03/2025 Director and Chief Executive Officer Linda J. Rendle received 43,370 shares of common stock following settlement of a 2022 performance unit grant that vested on 10/03/2025. The shares were issued at an effective price of $122.25 per share. The filing shows share withholding to satisfy tax obligations: 1,022 shares withheld for performance stock unit taxes and 8,440 shares withheld for restricted stock taxes. After these transactions and including 4,274 dividend-reinvested shares, the reporting person beneficially owned 201,990 shares (direct).
Positive
- Settlement of performance units converted deferred compensation to equity: 43,370 shares added
- Dividend reinvestment contributed 4,274 shares to long-term ownership
Negative
- Tax-related withholding reduced net new shares by 9,462
- No sale reported—but withholding lowered the immediate incremental ownership from the grant
Insights
CEO received vested performance units; standard tax withholding reduced net shares.
The settlement of a 2022 performance unit grant converted to 43,370 shares on 10/03/2025, increasing direct ownership before withholding. The reporting person elected to defer settlement under the 2005 Stock Incentive Plan, consistent with common executive compensation practice.
Tax-withholding removed 9,462 shares in total (1,022 + 8,440), lowering net new shares added. Monitor future Form 4s for any elective sales or additional deferral elections within the next 12 months.
Beneficial ownership remains material at just over 201,000 shares after vesting and withholding.
Following settlement and withholding, the filing reports 201,990 shares beneficially owned directly. The filing also notes 4,274 shares from a dividend reinvestment feature, which modestly increases long-term stake without immediate cash outlay.
Investors tracking insider alignment should note the combination of deferred settlement and dividend reinvestment as signals of retained ownership; any future open-market sales would be disclosed on subsequent Form 4 filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,370 | $122.25 | $5.30M |
| Tax Withholding | Common Stock | 1,022 | $122.25 | $125K |
| Tax Withholding | Common Stock | 8,440 | $122.25 | $1.03M |
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 4,274 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.