Form 4: Clorox Executive Sells Shares for Tax Obligations

Clorox EVP Stacey Grier disposed of 65 shares of common stock to cover tax obligations related to restricted stock units.

Summary

• Stacey Grier, Executive Vice President and Executive Chief of Staff at Clorox Co. (CLX), reported a transaction on December 12, 2025.
• The transaction involved the disposition of 65 shares of Clorox Common Stock.
• The shares were withheld by the company at a price of $102.83 per share to satisfy employment tax obligations.
• These tax obligations are applicable to restricted stock units previously granted to retirement-eligible employees.
• Following this transaction, Stacey Grier directly beneficially owns 32,138 shares of Clorox Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: This is a neutral, routine transaction for tax purposes related to executive compensation. It does not indicate any significant positive or negative operational or financial news for the company.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across various industries and does not reflect specific industry trends or competitive dynamics.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of executive compensation is a widespread practice across publicly traded companies, aligning executive incentives with shareholder value.
• The disposition of shares to cover tax obligations upon RSU vesting is a standard and expected administrative event for executives in companies comparable to Clorox, such as Procter & Gamble (PG) or Kimberly-Clark (KMB), which also utilize similar equity compensation structures.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine administrative transaction for tax purposes and does not reflect a change in the executive's long-term investment thesis or company performance.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax obligations related to restricted stock units. Such transactions are common and do not typically reflect a change in the company's fundamental performance or the executive's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Clorox, CLX, Form 4, insider transaction, executive compensation, stock disposition, tax withholding, restricted stock units, Stacey Grier