Clorox (NYSE: CLX) director adds to deferred stock unit holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clorox director Pierre R. Breber reported routine compensation-related awards of Deferred Stock Units tied 1-for-1 to Clorox common stock. On March 31, 2026, he acquired 325.6779 Deferred Stock Units, bringing his holdings to 3100.0674 units. On February 13, 2026, he had received an additional 27.0502 units.
According to the disclosures, some Deferred Stock Units were acquired through dividend reinvestment during the fiscal year under the Independent Directors' Deferred Compensation Plan and some were received in lieu of quarterly director fees. These units will be settled entirely in Clorox stock when Breber retires or otherwise leaves the board, and do not reflect open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Breber Pierre R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 325.678 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 27.05 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 3,100.067 shares (Direct)
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.
Key Figures
Deferred Stock Units granted: 325.6779 units
Deferred Stock Units granted: 27.0502 units
Deferred Stock Units held: 3100.0674 units
+1 more
4 metrics
Deferred Stock Units granted
325.6779 units
Award on March 31, 2026
Deferred Stock Units granted
27.0502 units
Award on February 13, 2026
Deferred Stock Units held
3100.0674 units
Total after March 31, 2026 transaction
Unit-to-share ratio
1-for-1
Each Deferred Stock Unit linked to one Clorox share
Key Terms
Deferred Stock Units, Independent Directors' Deferred Compensation Plan, dividend reinvestment, in lieu of receipt of quarterly director's fees
4 terms
Deferred Stock Units financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Independent Directors' Deferred Compensation Plan financial
"during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan"
A deferred compensation plan for independent directors lets outside board members postpone receiving part of their fees or stock awards until a later date, often when they retire or leave the board. Think of it as choosing to put pay into a company-run savings plan that grows and pays out later; it matters to investors because it affects director incentives, future cash or share obligations, and how aligned independent directors are with long-term company performance.
dividend reinvestment financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
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.
in lieu of receipt of quarterly director's fees financial
"Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees."
FAQ
What insider transactions did Clorox (CLX) director Pierre R. Breber report?
Pierre R. Breber reported two acquisitions of Deferred Stock Units as director compensation. He received 27.0502 units on February 13, 2026 and 325.6779 units on March 31, 2026, increasing his total Deferred Stock Unit holdings to 3100.0674 units.
Are Pierre R. Breber’s Clorox (CLX) Deferred Stock Unit awards open-market purchases?
No, the reported Deferred Stock Units are compensation-related, not open-market purchases. They were acquired through dividend reinvestment and in lieu of quarterly director fees under an independent directors’ deferred compensation plan, and therefore do not represent discretionary buying or selling of Clorox shares.
How many Clorox (CLX) Deferred Stock Units does Pierre R. Breber now hold?
After the March 31, 2026 award, Pierre R. Breber holds 3100.0674 Deferred Stock Units. Each unit is linked 1-for-1 to Clorox common stock and will be settled entirely in shares when he retires or otherwise leaves his position as a director.
How are Clorox (CLX) Deferred Stock Units for directors settled and when?
Clorox Deferred Stock Units for directors are settled 100% in Clorox stock. Settlement occurs upon the director’s retirement or other termination of service from the board, meaning directors defer receipt of actual shares until they leave board service, aligning part of their compensation with long-term company performance.
What plan governs Pierre R. Breber’s dividend reinvestment in Clorox (CLX) Deferred Stock Units?
Dividend reinvestment into Deferred Stock Units occurs under Clorox’s Independent Directors' Deferred Compensation Plan. During the fiscal year, dividends that would have been paid in cash are instead reinvested to acquire additional Deferred Stock Units credited to the director’s account, increasing deferred equity-linked compensation.