ODC insider filing: 35,916 tax-withheld on vesting; ref $59.07
Rhea-AI Filing Summary
Oil‑Dri (ODC) reported a Form 4 for its Chairman, President and CEO. On 10/19/2025, 35,916 shares were withheld to cover taxes upon the vesting of restricted stock under Rule 16b‑3 (Transaction Code F). The reference price was $59.07, based on the 10/20/2025 close. Following the transaction, the reporting person directly beneficially owned 1,038,078 derivative securities. Class B Stock may be converted into Common Stock on a 1‑for‑1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JAFFEE DANIEL S
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Stock | 35,916 | $59.07 | $2.12M |
Holdings After Transaction:
Class B Stock — 1,038,078 shares (Direct)
Footnotes (3)
- F1. Shares withheld for the purpose of covering tax liability incident to the vesting of restricted stock issued in accordance with Rule 16b-3.
- F2. Class B Stock may be converted at any time at the option of the holder into Common Stock on a share for share basis pursuant to the terms of the Certificate of Incorporation of Oil-Dri Corporation of America, as amended.
- F3. Based on the closing price of the shares on Monday, October 20, 2025, the first trading day following the vesting date of this award, which fell on a weekend.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Oil‑Dri (ODC) disclose in this Form 4?
Withholding of 35,916 shares to satisfy taxes from restricted stock vesting on 10/19/2025 (Code F under Rule 16b‑3).
What price was used for the tax withholding calculation for ODC?
A reference price of $59.07, the closing price on 10/20/2025, the first trading day after vesting.
How many securities does the reporting person own after the transaction?
The filing shows 1,038,078 derivative securities beneficially owned directly following the transaction.
What roles does the reporting person hold at Oil‑Dri (ODC)?
Director, 10% Owner, and Officer (Chairman, President and CEO).
What does Transaction Code F mean in this context?
It indicates shares withheld to cover tax liability tied to equity vesting, consistent with Rule 16b‑3.
Is Oil‑Dri’s Class B Stock convertible?
Yes. Class B Stock may be converted into Common Stock on a 1‑for‑1 basis pursuant to the Certificate of Incorporation.