Form 4: Clorox Director Gina Boswell Receives Stock Award

Clorox Director Gina Boswell was granted 825.0862 Deferred Stock Units as an annual award, settling in common stock upon her departure.

Summary

• Gina Boswell, a Director of The Clorox Company, received an annual award of 825.0862 Deferred Stock Units.
• The transaction date for this award was December 31, 2025.
• These Deferred Stock Units were granted pursuant to the company's 2005 Stock Incentive Plan.
• Each Deferred Stock Unit converts on a 1-for-1 basis into Clorox Common Stock.
• The units will be settled 100% in Clorox stock upon Ms. Boswell's retirement or other termination of service as a Director.
• The reported price for the acquisition of these units was $0.0000, indicating they were an award rather than a purchase.

Sentiment

Score: 7

Explanation: The filing reports a routine, positive event for the director (receipt of compensation) and is neutral to slightly positive for the company as it reflects standard governance and compensation practices.

Positives

• The award of Deferred Stock Units aligns the Director's interests with those of shareholders by providing equity-based compensation.
• This is a standard component of director compensation, indicating continuity in governance practices.

Future Outlook

The Deferred Stock Units will be settled in Clorox stock in connection with the reporting person's retirement or other termination of service as a Director, linking future compensation to continued service.

Industry Context

This transaction represents a routine insider compensation event, common across publicly traded companies where directors receive equity awards as part of their remuneration to align their long-term interests with company performance and shareholder value.

Comparison to Industry Standards

• The granting of Deferred Stock Units as part of director compensation is a widely adopted practice across various industries, including consumer goods, to attract and retain qualified board members.
• The structure, where units settle upon termination of service, is a common mechanism to ensure long-term commitment and alignment.

Corporate Governance

Related Party Transactions

• Award of Deferred Stock Units to Director Gina Boswell, a related party, as part of her compensation package.

Stakeholder Impact

• Shareholders: Minor positive impact as director compensation aligns interests with long-term company performance.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Next Steps

• The Deferred Stock Units will convert into Clorox Common Stock upon Gina Boswell's retirement or termination of service as a Director.

Key Dates

Recommendation

This Form 4 filing details a routine, non-cash compensation award to a director and does not contain information that would materially alter the fundamental investment thesis for Clorox. It is a standard corporate governance event and does not indicate any significant operational or financial changes that would warrant a 'buy' or 'sell' recommendation based solely on this filing.

Keywords

CLX, Clorox, Form 4, Insider Transaction, Stock Award, Deferred Stock Units, Gina Boswell, Director Compensation