Form 4: Clorox Director Matthew Shattock Increases Equity Stake

Director Matthew J. Shattock acquired 506.61 deferred stock units in lieu of quarterly director fees, increasing his total holdings.

Summary

• Director Matthew J. Shattock acquired 506.6101 deferred stock units on March 31, 2026, in lieu of quarterly director fees.
• An additional 191.2909 deferred stock units were acquired on February 13, 2026, through dividend reinvestment.
• The total beneficial ownership of deferred stock units following these transactions is 20,126.2673.
• These units are 1-for-1 and will be settled in common stock upon the director's retirement or termination of service.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it represents routine director compensation and continued alignment with shareholder interests.

Positives

• Director demonstrates alignment with shareholder interests by opting to receive compensation in equity rather than cash.
• Increased total beneficial ownership of 20,126.2673 units reflects long-term commitment to the company.

Negatives

• None identified.

Risks

• Value of deferred stock units is tied directly to the future performance of Clorox common stock.

Future Outlook

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

Management Comments

• The transactions reflect standard director compensation practices under the Independent Directors' Deferred Compensation Plan.

Industry Context

StockSavvy.ai notes that director equity accumulation is a standard corporate governance practice, signaling confidence in long-term company stability within the consumer staples sector.

Comparison to Industry Standards

• The use of deferred stock units for director compensation is consistent with governance practices at major consumer goods companies like Procter & Gamble and Colgate-Palmolive.

Stakeholder Impact

• Shareholders benefit from director alignment through equity-based compensation.

Next Steps

• Settlement of deferred stock units into common stock upon the director's future retirement or termination of service.

Key Dates

Keywords

Clorox, CLX, Director Compensation, Insider Ownership, Deferred Stock Units, Equity