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

• On June 28, 2024, Paul Gray Parker, a director of Clorox, acquired 96 shares of Clorox common stock at a price of $136.47 per share.
• Following this transaction, Parker directly owns 898 shares of Clorox common stock.
• Additionally, on May 10, 2024, Parker acquired 27.0263 deferred stock units through dividend reinvestment under the Independent Directors' Deferred Compensation Plan.
• These deferred stock units will be settled in Clorox stock upon Parker's retirement or termination of service as a director, and he now holds 3,255.543 deferred stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects routine transactions by a director, suggesting neither strong optimism nor pessimism.

Positives

• The director's acquisition of shares may signal confidence in the company'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

Director stock acquisitions are common and closely watched as indicators of management's confidence in the company's prospects. This filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The director's stock acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates