Form 4: Clorox Director Pierre R. Breber Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Pierre R. Breber acquired deferred stock units in lieu of quarterly director's fees, to be settled in Clorox stock upon retirement or termination of service.
Summary
- On December 31, 2024, Pierre R. Breber, a director of Clorox Co, acquired 73.7867 deferred stock units.
- These units were received in lieu of quarterly director's fees.
- The deferred stock units will be settled 100% in Clorox stock upon Breber's retirement or termination of service as a director.
- The price of the derivative security is $0.0000.
- Following the transaction, Breber directly owns 73.7867 deferred stock units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Positives
- The acquisition of deferred stock units aligns the director's interests with the long-term performance of Clorox.
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 into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns their interests with shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Pierre R. Breber acquired deferred stock units. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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