Form 4: Clorox Executive Eric H. Reynolds Reports Stock Transactions

EVP and Chief Operating Officer of Clorox, Eric H. Reynolds, reports acquisition and disposal of Clorox shares related to performance unit settlement and tax withholding.

Summary

• Eric H. Reynolds, EVP and Chief Operating Officer of Clorox, filed a Form 4 detailing changes in beneficial ownership of Clorox stock.
• On October 4, 2024, Reynolds acquired 12,205 shares of common stock at a price of $161.57 per share due to the settlement of a 2021 Performance Unit Grant.
• Also on October 4, 2024, 287 shares were disposed of to cover taxes under the company's Stock Withholding Arrangement at a price of $161.57 per share.
• An additional 550 shares were withheld by the company to satisfy tax obligations related to the vesting of restricted stock on October 4, 2024 at a price of $161.57 per share.
• Following these transactions, Reynolds beneficially owns 55,122 shares of Clorox common stock, which includes 1,054 shares acquired through a dividend reinvestment feature.

Sentiment

Score: 5

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

Positives

• The acquisition of shares through the vesting of performance units indicates that Reynolds met certain performance goals.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates