[Form 4] CLOROX CO /DE/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clorox executive Stacey Grier reported a small, routine share disposition tied to taxes rather than a market trade. On vesting of restricted stock, the company withheld 32 shares of common stock at a value of $108.73 per share to cover tax obligations.
After this tax-withholding disposition, Grier directly holds 32,116 Clorox shares. This total includes 10 shares acquired through a dividend reinvestment feature of the company’s stock incentive plan, indicating the filing reflects compensation and administrative activity rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grier Stacey
Role
EVP - Executive Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32 | $108.73 | $3K |
Holdings After Transaction:
Common Stock — 32,116 shares (Direct)
Footnotes (1)
- Withholding of shares by the Company to satisfy tax obligations applicable to vesting of restricted stock. Includes 10 shares acquired pursuant to a dividend reinvestment feature of the Company's Stock Incentive Plan.
FAQ
What insider transaction did Clorox (CLX) executive Stacey Grier report?
Stacey Grier reported a tax-withholding disposition of 32 Clorox common shares. The company withheld these shares at $108.73 each to satisfy tax obligations related to vesting restricted stock, rather than selling them on the open market.
What does the $108.73 price in the Clorox (CLX) Form 4 represent?
The $108.73 per share figure is the value used when 32 Clorox shares were withheld to cover Stacey Grier’s tax obligations on vesting restricted stock. It is not necessarily a market trade price from an exchange transaction.
How does the Clorox (CLX) Form 4 classify Stacey Grier’s transaction?
The Form 4 classifies the event as a tax-withholding disposition with transaction code “F.” It is described as payment of a tax liability by delivering securities, reflecting compensation-related mechanics rather than a discretionary buy or sell decision.