Form 4: Clorox Executive Kevin B. Jacobsen Reports Stock Transaction
SEC Form 4 Filing
EVP and CFO of Clorox, Kevin B. Jacobsen, reports disposition of shares to cover tax obligations and updates beneficial ownership.
Summary
- Kevin B. Jacobsen, EVP and Chief Financial Officer of Clorox, filed a Form 4 detailing changes in beneficial ownership.
- On December 19, 2024, 243 shares of common stock were disposed of at a price of $164.13 to satisfy employment tax obligations related to previously granted restricted stock units.
- Following the transaction, Jacobsen directly owns 49,708 shares of Clorox common stock.
- Jacobsen also indirectly owns 28 shares through an IRA and 3,145 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Date of stock transaction (disposal of shares). |
| 12/20/2024 | Date of signature on the Form 4 filing. |
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