WD-40 Company (WDFC) director reports $200,000 in RSU awards and 9,349 shares owned
Rhea-AI Filing Summary
WD-40 Company director reports receipt of restricted stock units as part of board compensation. On December 12, 2025, a director of WD-40 Company received two restricted stock unit (RSU) awards under the company’s 2025 Directors’ Compensation Policy. One award covered 612 RSUs as the non-elective portion of annual director compensation, with an aggregate fair market value of approximately $125,000, and this award vests immediately upon grant. A second, elective award covered 367 RSUs in lieu of cash base compensation, with an aggregate fair market value of approximately $75,000, and is scheduled to vest in equal 1/12th installments per month over one year, subject to continued board service. After these grants, the reporting person beneficially owned 9,349 shares or share equivalents of WD-40 common stock, including purchased shares, vested RSUs treated as common stock equivalents, and unvested RSUs, which will be settled in common stock after board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 612 | $0.00 | -- |
| Grant/Award | Common Stock | 367 | $0.00 | -- |
Footnotes (1)
- Represents a restricted stock unit ("RSU") award covering shares of Issuer's common stock granted in accordance with Issuer's Directors' Compensation Policy and Election Plan adopted on June 16, 2025 ("2025 Directors' Compensation Policy"). This RSU award, which was granted effective December 12, 2025 and had an aggregate fair market value of approximately $125,000 on such date, is the non-elective portion of annual director compensation and vests upon grant. Represents an elective RSU award covering shares of Issuer's common stock granted in accordance the 2025 Directors' Compensation Policy. This RSU award, which was granted effective December 12, 2025 ("Grant Date") and was in lieu of receiving cash for annual base compensation for directors, had an aggregate fair market value of approximately $75,000 on the Grant Date. Unless as otherwise provided in the 2025 Directors' Compensation Policy, and subject to continuous service as a director, the RSU award vests 1/12th per month over one year commencing on the first day of the calendar month after the Grant Date. Represents: (i) 2,000 shares acquired via stock purchases by Reporting Owner, (ii) 6,982 vested RSUs treated as common stock equivalents, and (iii) 367 unvested RSUs. Following termination of Reporting Person's service as a director, vested RSUs will be settled with Issuer's common stock.