WD-40 officer reports tax withholding on RSU and MSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WD-40 Company (WDFC) officer Patricia Q. Olsem reported tax-withholding transactions on 10/27/2025. Two entries coded F reflect shares withheld to satisfy taxes upon equity vesting: 335 shares tied to the vesting of 933 RSUs and 401 shares tied to the vesting of 1,120 MSUs. These are not open‑market buys or sells.
Following the transactions, Olsem reported 5,074 shares held directly, which include components noted by the issuer’s equity awards, and 2,914 shares held indirectly by a family trust where voting and investment power are shared with a spouse. The filing lists her role as Division President, Americas.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Olsem Patricia Q
Role
Division President, Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 335 | $0.00 | -- |
| Tax Withholding | Common Stock | 401 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,475 shares (Direct);
Common Stock — 2,914 shares (Indirect, By Trust)
Footnotes (1)
- Shares withheld pursuant to mandatory provisions of Restricted Stock Unit (RSU) Award Agreement(s) in satisfaction of tax withholding obligations upon vesting of 933 RSUs. Shares withheld pursuant to mandatory provisions of Market Share Unit (MSU) Award Agreement in satisfaction of tax withholding obligations upon vesting of 1,120 MSUs. Amount reported includes: (i) 1,842 unvested RSUs, (ii) 644 shares of restricted Common Stock received upon settlement of performance stock units or PSUs, and (iii) 89 vested deferred performance units or DPUs, which are Common Stock equivalents. Under the 2007 Olsem Family Trust, Reporting Person shares voting power and investment discretion with her spouse. Note: 5,274 shares previously reported as held by such trust was incorrect, and the difference is held directly by Reporting Person.
FAQ
What did WDFC’s officer report on Form 4?
Two tax-withholding transactions (code F) on 10/27/2025, withholding 335 and 401 shares upon RSU and MSU vesting.
Does the reporting person have indirect WDFC holdings?
Yes. 2,914 shares are held indirectly by a family trust with shared voting and investment power.
Who is the reporting person and role at WDFC?
Patricia Q. Olsem, Division President, Americas.
What is transaction code F on a Form 4?
Code F indicates shares withheld to satisfy tax obligations upon vesting of equity awards.