Form 4: Clorox Executive Chris T. Hyder Reports Stock Transaction
SEC Form 4 Filing
Chris T. Hyder, a Group President at Clorox, reported a transaction involving common stock on March 14, 2024, to satisfy tax obligations related to vesting restricted stock.
Summary
- On March 14, 2024, Chris T. Hyder, a Group President at Clorox, reported a transaction involving Clorox common stock.
- The transaction involved the withholding of 42 shares to satisfy tax obligations related to the vesting of restricted stock at a price of $151.66.
- Following the transaction, Hyder directly owns 10,789 shares of Clorox common stock, which includes 4 shares acquired through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It allows investors to monitor the actions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock transaction |
| 03/25/2024 | Signature date of the report |
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