Form 4: Clorox CFO Reports Stock Transaction

Clorox CFO Luc Bellet reported a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock.

Summary

• Luc Bellet, Executive Vice President and Chief Financial Officer of The Clorox Company (CLX), reported a transaction on April 1, 2026.
• The transaction involved the withholding of 244 shares of common stock by the Company to satisfy tax obligations related to the vesting of restricted stock.
• Following this transaction, Mr. Bellet beneficially owns 20,638 shares of common stock directly.
• An additional 18 shares were acquired through a dividend reinvestment feature of the Company's Stock Incentive Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction for tax purposes rather than a strategic investment or divestment decision by management.

Positives

• The transaction reflects the standard process for managing tax liabilities associated with executive compensation, indicating normal operational procedures.
• The acquisition of 18 shares through dividend reinvestment suggests continued participation in the company's incentive plan and a positive outlook on dividend growth.

Negatives

• The withholding of shares for tax obligations, while standard, represents a reduction in the number of shares directly held by the CFO.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and are crucial for understanding executive compensation structures and insider confidence. This particular filing details a common practice of share withholding for tax purposes, which is standard for companies with restricted stock units.

Stakeholder Impact

• Shareholders: The transaction does not indicate a change in the CFO's overall beneficial ownership strategy, but rather a standard tax management event. The dividend reinvestment shows continued engagement with company stock.

Key Dates

Keywords

Form 4, SEC Filing, Clorox, CLX, Luc Bellet, CFO, Stock Transaction, Restricted Stock, Tax Withholding, Beneficial Ownership