Form 4: WD-40 CFO Sara Hyzer Reports Stock Purchase

Sara Kathleen Hyzer, VP, Finance & CFO of WD-40 Company, reports the purchase of 213 shares of common stock at $232.83 per share on May 9, 2024.

Summary

• On May 9, 2024, Sara Kathleen Hyzer, the VP, Finance & CFO of WD-40 Company, purchased 213 shares of common stock at a price of $232.83 per share.
• Following the transaction, Hyzer directly owns 2,676 shares of WD-40 Company's common stock.
• This total includes 1,868 unvested Restricted Stock Units (RSUs) and shares held in the Reporting Person's WD-40 Company Profit Sharing / 401(k) Plan account.
• On May 1, 2023, the 401(k) plan administrator unilaterally liquidated 12 shares of WDFC at $187.59 per share to return excess 401(k) contributions for tax year 2022 to the Reporting Person, and a net of 370 shares (rounded to the nearest whole share) are now held in such account as of May 10, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase suggests confidence, but it's a relatively small transaction.

Positives

• The CFO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider trading activity is closely monitored by investors as it can provide insights into management's perspective on the company's prospects. Purchases are generally seen as a positive sign.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates