Form 4: Clorox EVP Luc Bellet Acquires Shares Under Restricted Stock Unit Plan

Luc Bellet, EVP and CFO of Clorox, acquired 2,704 shares of common stock at $147.91 per share on April 1, 2025, under a restricted stock unit plan.

Summary

• On April 1, 2025, Luc Bellet, the EVP and Chief Financial Officer of Clorox, acquired 2,704 shares of Clorox common stock.
• The acquisition was made at a price of $147.91 per share.
• This transaction increased Bellet's direct holdings to 12,178 shares.
• The shares were acquired through a restricted stock unit (RSU) plan that vests in four equal installments beginning April 1, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. There are no indications of significant positive or negative implications.

Positives

• The acquisition of shares by a high-ranking executive may signal confidence in the company's future performance.

Future Outlook

The restricted stock units will vest in four equal installments on April 1st of 2026, 2027, 2028 and 2029.

Industry Context

Insider transactions are routinely monitored and reported to the SEC. This transaction is a standard part of executive compensation packages, aligning executive interests with shareholder value.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over several years.
• Companies like Procter & Gamble (PG) and Unilever (UL) also use similar equity-based compensation plans for their executives.
• The vesting schedule of Clorox's RSUs is fairly standard, with annual vesting over a four-year period.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates executive confidence in the company.

Key Dates

Keywords

Clorox, Luc Bellet, EVP, CFO, Stock Acquisition, Restricted Stock Units, CLX, Insider Trading