Clorox (CLX) Insider: 15,210 Options Exercised; 15,041 Shares Sold at $123.78 Avg
Rhea-AI Filing Summary
Eric H. Reynolds, Executive Vice President and Chief Operating Officer of The Clorox Company (CLX), reported transactions dated 09/04/2025. The filing shows an exercise of stock options (derivative) to acquire 15,210 shares at an exercise/conversion price of $111.60, and a related non-derivative acquisition of 15,210 shares (reported at $111.60). The report also discloses a sale of 15,041 shares at a weighted average price of $123.7848 (trade prices ranged $123.731–$123.84). Following these transactions the reporting person is shown as beneficially owning 69,262 shares after the acquisition and 54,221 shares after the sale. The form is signed by an attorney-in-fact on 09/08/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider exercised options and sold a roughly equal blocking of shares the same day, leaving mid-five-figure holdings.
The filing documents a simultaneous option exercise and market sale on 09/04/2025. The exercise converted options covering 15,210 shares at a strike of $111.60, which increased beneficial ownership to 69,262 shares before an executed sale of 15,041 shares at a weighted average of $123.7848. The sale prices ranged narrowly ($123.731–$123.84), indicating execution across multiple trades. For investors, this is a routine Section 16 disclosure showing liquidity-taking after option exercise rather than an unambiguous signal about company fundamentals.
TL;DR: Disclosure appears complete for the transactions reported; form is signed by an attorney-in-fact as permitted.
The Form 4 includes required fields: reporting person identity, relationship (EVP & COO), transaction dates, codes, quantities, prices, and an explanatory note on trade price range. The derivative section shows the exercised option details including original exercisability/expiration dates. The signature by an Attorney-in-Fact (Cheryl Brice) on 09/08/2025 is presented. No omissions or inconsistencies are apparent within the form’s content provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 15,210 | $0.00 | -- |
| Exercise | Common Stock | 15,210 | $111.60 | $1.70M |
| Sale | Common Stock | 15,041 | $123.7848 | $1.86M |
Footnotes (1)
- [object Object]