Form 4: Clorox Executive Kirsten Marriner Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


EVP and Chief People Officer of Clorox, Kirsten Marriner, reports acquiring 5,221 shares of common stock at $164.69 per share.

Summary

  • On September 17, 2024, Kirsten Marriner, EVP Chief People Officer of Clorox, acquired 5,221 shares of Clorox common stock at a price of $164.69 per share.
  • Following the transaction, Marriner directly owns 31,198 shares of Clorox common stock.
  • The acquired securities are Restricted Stock Units that will vest in four equal installments annually from October 5, 2025, to October 5, 2028.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive stock ownership.
  • It aligns executive interests with those of the shareholders through equity ownership.

Key Dates

DateDescription
09/17/2024Date of transaction: Kirsten Marriner acquired 5,221 shares of Clorox common stock.
09/19/2024Date of report filing.
10/05/2025First vesting date for 1/4 of the Restricted Stock Units.
10/05/2026Second vesting date for 1/4 of the Restricted Stock Units.
10/05/2027Third vesting date for 1/4 of the Restricted Stock Units.
10/05/2028Final vesting date for 1/4 of the Restricted Stock Units.

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