Tax withholding trims Clorox (NYSE: CLX) EVP Chris Hyder’s stake
Rhea-AI Filing Summary
Clorox executive Chris T. Hyder reported a small tax-related share disposition. On the vesting of restricted stock, 41 shares of Clorox common stock were withheld by the company at $108.73 per share to satisfy tax obligations, a routine non-market transaction.
After this withholding, Hyder directly holds 34,969 shares of Clorox common stock, which the disclosure notes includes 10 shares acquired through a dividend reinvestment feature of the company’s stock incentive plan.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 41 shares
Net Sell
1 txn
Insider
Hyder Chris T
Role
EVP-Group Pres -Hlth & Hyg
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 41 | $108.73 | $4K |
Holdings After Transaction:
Common Stock — 34,969 shares (Direct)
Footnotes (2)
- F1. Withholding of shares by the Company to satisfy tax obligations applicable to vesting of restricted stock.
- F2. Includes 10 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Clorox (CLX) executive Chris T. Hyder report?
Chris T. Hyder reported a small tax-withholding disposition of Clorox shares. The company withheld 41 shares of common stock to cover taxes due on vesting restricted stock, a routine non-market event rather than an open-market sale or purchase.