Form 4: Clorox Director Russell J. Weiner Reports Changes in Beneficial Ownership

Director Russell J. Weiner reports acquisition of Clorox deferred stock units through dividend reinvestment and in lieu of quarterly director's fees.

Summary

• Russell J. Weiner, a director of Clorox, filed a Form 4 on October 2, 2024, reporting changes in beneficial ownership.
• On August 30, 2024, Weiner acquired 98.328 deferred stock units through dividend reinvestment.
• On September 30, 2024, Weiner acquired 161.1319 deferred stock units in lieu of quarterly director's fees.
• Following these transactions, Weiner beneficially owns 13,018.7325 deferred stock units.
• These deferred stock units will be settled 100% in Clorox stock upon Weiner's retirement or termination of service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine compensation and alignment of director interests with shareholders.

Positives

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders.

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 a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates