Form 4: Oil-Dri Director Acquires 1,000 Restricted Shares

Oil-Dri Corp of America Director Paul Hindsley acquired 1,000 shares of restricted common stock at $51.68 per share, vesting in 2027.

Summary

• Paul Hindsley, a Director of Oil-Dri Corp of America (ODC), acquired 1,000 shares of common stock.
• The transaction occurred on December 15, 2025, at a price of $51.68 per share.
• These shares are restricted stock granted pursuant to the Oil-Dri Corporation of America 2006 Long Term Incentive Plan.
• The acquisition is exempt under Rule 16b-3 and was made pursuant to a Rule 10b5-1(c) plan.
• The 1,000 shares of restricted stock are scheduled to 'cliff' vest in full on December 15, 2027.
• Following this transaction, Paul Hindsley beneficially owns 17,000 shares of common stock directly.

Sentiment

Score: 7

Explanation: The acquisition of restricted stock by a director is generally viewed positively as it aligns management's interests with shareholders and indicates confidence in the company's long-term performance, despite being part of a compensation plan.

Positives

• A Director's acquisition of company stock, even restricted, can signal confidence in the company's future prospects.
• The transaction was made under a Rule 10b5-1(c) plan, indicating a pre-planned acquisition strategy.

Future Outlook

The acquired restricted shares are scheduled to vest in full on December 15, 2027, indicating a future increase in the director's unrestricted beneficial ownership.

Industry Context

This Form 4 filing reports an insider transaction, which is a routine disclosure for publicly traded companies. It reflects a specific equity compensation event for a director rather than broader industry trends.

Corporate Governance

Related Party Transactions

• Acquisition of 1,000 shares of restricted common stock by Paul Hindsley, a Director of Oil-Dri Corp of America, as part of an equity compensation plan.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with the company's long-term performance.
• Management/Employees: Reflects ongoing use of the 2006 Long Term Incentive Plan for key personnel.

Next Steps

• The 1,000 restricted shares will vest in full on December 15, 2027.

Key Dates

Keywords

Oil-Dri Corp of America, ODC, Insider Transaction, Form 4, Restricted Stock, Director Stock Acquisition, Paul Hindsley, Long Term Incentive Plan, Equity Compensation