Form 4: Clorox Executive Reports Routine Stock Transaction for Tax Obligations

Clorox EVP Chris T. Hyder reported a disposition of 265 common shares to cover tax obligations related to restricted stock vesting, maintaining a significant beneficial ownership.

Summary

• Chris T. Hyder, EVP-Group President Health & Hygiene at Clorox Co. (CLX), reported a transaction on July 15, 2025.
• The transaction involved the disposition of 265 shares of Common Stock at a price of $127.4 per share.
• This disposition was a withholding by the company to satisfy tax obligations associated with the vesting of restricted stock.
• Following this transaction, Hyder beneficially owns 22,117 shares of Common Stock.
• The reported beneficial ownership also includes 14 shares acquired through the company's Stock Incentive Plan's dividend reinvestment feature.

Sentiment

Score: 6

Explanation: The transaction is a routine, expected event for tax purposes related to executive compensation. It's neutral to slightly positive as it confirms restricted stock vesting and continued significant executive ownership, with no negative implications beyond a minor reduction for tax.

Positives

• The transaction is a routine withholding for tax purposes, indicating the vesting of restricted stock, which is a form of compensation.
• The executive maintains a substantial beneficial ownership of 22,117 shares, demonstrating continued alignment with shareholder interests.
• The acquisition of 14 shares via dividend reinvestment indicates participation in company incentive plans and continued investment.

Negatives

• A reduction in direct shareholding, even for tax purposes, slightly decreases the executive's direct equity stake.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact. Confirms executive compensation structure and continued executive shareholding.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

Clorox, CLX, SEC Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Executive Compensation, Share Ownership, Chris T. Hyder