Form 4: Clorox Director Boosts Stake via DSU Acquisitions

Clorox Director Russell J. Weiner increased his beneficial ownership of the company's deferred stock units through dividend reinvestment and receipt of director's fees.

Summary

• Russell J. Weiner, a Director of The Clorox Co. (CLX), acquired additional Deferred Stock Units (DSUs).
• On August 29, 2025, 156.7731 DSUs were acquired through dividend reinvestment as part of the Independent Directors' Deferred Compensation Plan.
• On September 30, 2025, an additional 253.4469 DSUs were received in lieu of quarterly director's fees.
• Following these transactions, Mr. Weiner's direct beneficial ownership of DSUs increased to 15,354.2406.
• These Deferred Stock Units will be settled 100% in Clorox common stock upon Mr. Weiner's retirement or other termination of service as a Director.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director is increasing their beneficial ownership in the company, indicating confidence in its future prospects. This is a routine, non-controversial transaction.

Positives

• The Director's increased beneficial ownership aligns his interests further with those of shareholders, signaling confidence in the company's future performance.
• Acquisition of DSUs through dividend reinvestment and in lieu of cash fees demonstrates a commitment to long-term investment in the company.

Future Outlook

Deferred Stock Units will be settled entirely in Clorox common stock upon the reporting person's retirement or other termination of service as a Director.

Industry Context

This filing represents a routine insider transaction, common for directors who often receive compensation in the form of equity or deferred equity units to align their long-term interests with company performance and shareholder value. Such transactions are standard practice across publicly traded companies, particularly within the consumer staples sector, where stable dividend policies often facilitate dividend reinvestment plans for equity compensation.

Stakeholder Impact

• Shareholders: The increased ownership by a director can be viewed positively, as it signals management's confidence and aligns their interests with long-term shareholder value.
• Employees: No direct impact mentioned.

Next Steps

• Settlement of Deferred Stock Units in Clorox common stock upon the Director's retirement or termination of service.

Key Dates

Keywords

Clorox, CLX, Russell J. Weiner, Director, Deferred Stock Units, DSU, Insider Transaction, SEC Form 4, Beneficial Ownership, Dividend Reinvestment, Director Compensation