Form 4: Clorox Executive Stacey Grier Reports Share Withholding for Tax Obligations

Stacey Grier, Executive Chief of Staff at Clorox, reports the withholding of shares to cover tax obligations related to vesting restricted stock.

Summary

• On March 14, 2025, Stacey Grier, Executive Chief of Staff at Clorox, reported a transaction involving Clorox common stock.
• The transaction involved the withholding of 35 shares to satisfy tax obligations related to the vesting of restricted stock at a price of $146.95.
• Following the transaction, Grier directly owns 19,826 shares of Clorox common stock, which includes 8 shares acquired through a dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who receive stock as part of their compensation. It reflects standard practice for covering tax liabilities associated with stock vesting.

Comparison to Industry Standards

• Form 4 filings are standard practice across publicly traded companies, including competitors like Procter & Gamble (PG) and Unilever (UL), when executives have transactions involving company stock.
• The withholding of shares for tax obligations is a common method used by companies to manage the tax implications of equity compensation for their employees, aligning with practices seen at companies like Colgate-Palmolive (CL) and Kimberly-Clark (KMB).

Key Dates