Form 4: Clorox Director Paul Gray Parker Acquires Shares and Deferred Stock Units

Director Paul Gray Parker increased his holdings in Clorox through stock acquisition and dividend reinvestment in deferred stock units.

Summary

• Paul Gray Parker, a director at Clorox, acquired 80 shares of common stock at a price of $162.91 on September 30, 2024.
• Following this transaction, Parker directly owns 978 shares of Clorox common stock.
• Parker also acquired 25.0885 deferred stock units through dividend reinvestment on August 30, 2024.
• These deferred stock units will be settled in Clorox stock upon Parker's retirement or termination of service as a director.
• Following this transaction, Parker directly owns 3,280.6315 deferred stock units.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction. The director increasing their stake is mildly positive, but it's not a major event.

Positives

• The director's increased stake in the company may signal confidence in Clorox's future performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Related Party Transactions

• The receipt of common stock in lieu of a portion of the quarterly director's fee is a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding director's holdings.

Key Dates