Form 4: Clorox Director Julia Charter Reports Acquisition of Deferred Stock Units

Sentiment:

SEC Form 4 Filing


Director Julia Charter reports acquisition of deferred stock units in Clorox through dividend reinvestment and an annual award.

Summary

  • Julia Charter, a director of Clorox, filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the acquisition of deferred stock units (DSUs) through dividend reinvestment and an annual award.
  • These DSUs will be settled in Clorox stock upon the director's retirement or termination of service.
  • The transactions occurred on multiple dates throughout the year, including 02/09/2024, 05/10/2024, 08/30/2024, 11/07/2024 and 12/31/2024.
  • The total number of DSUs beneficially owned following the reported transactions is 2,725.0238.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company through deferred stock units, indicating confidence in the company's future performance.

Positives

  • The acquisition of deferred stock units demonstrates the director's continued investment in the company's future.

Future Outlook

The deferred stock units will be settled 100% in Clorox stock upon the director's retirement or termination of service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's ongoing investment in the company.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's holdings and alignment with the company's long-term success.

Key Dates

DateDescription
02/09/2024Acquisition of Deferred Stock Units through dividend reinvestment.
05/10/2024Acquisition of Deferred Stock Units through dividend reinvestment.
08/30/2024Acquisition of Deferred Stock Units through dividend reinvestment.
11/07/2024Acquisition of Deferred Stock Units through dividend reinvestment.
12/31/2024Annual award of Deferred Stock Units pursuant to the 2005 Stock Incentive Plan.
01/03/2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.