Clorox (CLX) director adds deferred stock units via 2025 awards
Rhea-AI Filing Summary
The Clorox Company director reported routine equity compensation activity in the form of deferred stock units. The filing shows several acquisitions of deferred stock units tied to Clorox common stock during 2025, including transactions dated 02/14/2025, 05/09/2025, 08/29/2025, 11/06/2025, and 12/31/2025. These awards were recorded at an exercise price of $0.0000 per unit.
The director’s beneficial holdings in these derivative securities increased to 15,677.4328 deferred stock units held directly. The explanation notes that some units were acquired through dividend reinvestment under the Independent Directors' Deferred Compensation Plan, while an additional annual award was granted under the 2005 Stock Incentive Plan. Each deferred stock unit represents a 1-for-1 right to receive Clorox stock, to be settled in shares upon the director’s retirement or other termination of service from the board.
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FAQ
What insider transaction did Clorox (CLX) report in this Form 4?
The filing reports a Clorox director acquiring deferred stock units linked to Clorox common stock through multiple 2025 transactions, including dividend reinvestment and an annual equity award.
How many deferred stock units does the Clorox (CLX) director now beneficially own?
After the reported transactions, the director beneficially owns 15,677.4328 deferred stock units directly.
On what dates in 2025 were the Clorox (CLX) deferred stock unit transactions reported?
The transactions in deferred stock units are dated 02/14/2025, 05/09/2025, 08/29/2025, 11/06/2025, and 12/31/2025.
What plans govern the Clorox (CLX) director’s deferred stock units?
The filing states that units were acquired through dividend reinvestment under the Independent Directors' Deferred Compensation Plan and via an annual award under the 2005 Stock Incentive Plan.
How will the Clorox (CLX) deferred stock units be settled for the director?
According to the disclosure, the deferred stock units will be settled 100% in Clorox stock when the director retires or otherwise terminates service as a board member.
What does 1-for-1 mean for Clorox (CLX) deferred stock units?
The explanation notes that each deferred stock unit represents a 1-for-1 right to receive one share of Clorox common stock upon settlement.