CLX Form 4: Director granted 415.65 DSUs, total 17,070.66 units
Rhea-AI Filing Summary
Matthew J. Shattock, a director of Clorox Co. (CLX), reported two grants of Deferred Stock Units (DSUs) that increase his notional holdings. On 08/29/2025 he received 172.9087 DSUs through dividend reinvestment, and on 09/30/2025 he received 415.6529 DSUs in lieu of quarterly director fees.
The report shows DSUs convert on a 1-for-1 basis into common stock at the director's retirement or termination and that the total DSUs after the September grant equal 17,070.6618 shares. Both grants are reported as direct beneficial ownership and have a $0.00 per-unit price because they are deferred compensation awards.
Positive
- Director increased holdings by 415.6529 DSUs on 09/30/2025, raising total to 17,070.6618
- DSUs convert 1-for-1 into common stock at retirement/termination, providing clear settlement terms
Negative
- None.
Insights
Director accepted deferred stock compensation, boosting direct holdings to 17,070.6618 DSUs.
The filings confirm two separate DSU credits: 172.9087 on 08/29/2025 and 415.6529 on 09/30/2025. These were recorded as direct ownership and reflect standard independent director deferred-compensation mechanics.
The DSUs are settled 1-for-1 into Clorox common stock upon retirement or termination, which means the reported units represent a future equity payout rather than immediate stock transfers.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 415.653 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 172.909 | $0.00 | -- |
Footnotes (1)
- 1-for-1 Deferred Stock Units acquired through dividend reinvestment during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan. 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. Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees.