Form 4: Clorox Executive Angela C. Hilt Reports Stock Transactions

EVP and Chief Legal Officer of Clorox, Angela C. Hilt, reports acquisition and disposal of company stock related to vesting of performance units and tax obligations.

Summary

• On October 4, 2024, Angela C. Hilt, EVP and Chief Legal Officer of Clorox, reported transactions involving Clorox common stock.
• Hilt acquired 6,368 shares of common stock at a price of $161.57 related to the settlement of a 2021 Performance Unit Grant that vested on the same date.
• The company withheld 458 shares at $161.57 to cover tax obligations related to the vesting of restricted stock.
• An additional 2,734 shares were withheld at $161.57 to cover tax liability under the company's Stock Withholding Arrangement.
• Following these transactions, Hilt directly owns 21,869 shares and indirectly owns 567.312 shares through a 401(k) plan, which includes 61.0310 shares acquired during the fiscal year.
• The direct holdings include 309 shares acquired through a dividend reinvestment feature of the company's Stock Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by an executive, but the overall impact is likely minimal.

Key Dates