Clorox (CLX) director Matthew Shattock adds deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clorox director Matthew J. Shattock reported routine equity-based compensation in the form of deferred stock units. He acquired 506.6101 deferred stock units on March 31, 2026 and 191.2909 units on February 13, 2026, each on a 1-for-1 basis with Clorox common stock.
The units were received through dividend reinvestment and in lieu of quarterly director fees under the Independent Directors' Deferred Compensation Plan and will be settled in Clorox stock after his retirement or other termination of board service. Following these awards, he directly holds 20,126.2673 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shattock Matthew J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 506.61 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 191.291 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 20,126.267 shares (Direct)
Footnotes (1)
- 1-for-1 Deferred Stock Units acquired through dividend reinvestment during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan. The Deferred Stock Units will be settled 100% in Clorox stock in connection with the reporting person's retirement or other termination of service as a Director. Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees.
Key Figures
Deferred stock units granted: 506.6101 units
Deferred stock units granted: 191.2909 units
Total deferred stock units held: 20,126.2673 units
+1 more
4 metrics
Deferred stock units granted
506.6101 units
Grant on March 31, 2026 through dividend reinvestment and fees
Deferred stock units granted
191.2909 units
Grant on February 13, 2026 through director compensation
Total deferred stock units held
20,126.2673 units
Holdings after latest reported grant
Conversion ratio
1-for-1
Each deferred stock unit equals one share of Clorox stock at settlement
Key Terms
Deferred Stock Units, Independent Directors' Deferred Compensation Plan, dividend reinvestment, quarterly director's fees, +1 more
5 terms
Deferred Stock Units financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Independent Directors' Deferred Compensation Plan financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year pursuant to the Independent Directors' Deferred Compensation Plan."
A deferred compensation plan for independent directors lets outside board members postpone receiving part of their fees or stock awards until a later date, often when they retire or leave the board. Think of it as choosing to put pay into a company-run savings plan that grows and pays out later; it matters to investors because it affects director incentives, future cash or share obligations, and how aligned independent directors are with long-term company performance.
dividend reinvestment financial
"Deferred Stock Units acquired through dividend reinvestment during the fiscal year"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
quarterly director's fees financial
"Receipt of Deferred Stock Units in lieu of receipt of quarterly director's fees."
settled 100% in Clorox stock financial
"The Deferred Stock Units will be settled 100% in Clorox stock"
FAQ
What insider transaction did Clorox (CLX) director Matthew J. Shattock report?
Matthew J. Shattock reported acquiring deferred stock units as part of his director compensation. He received 506.6101 units on March 31, 2026 and 191.2909 units on February 13, 2026, all tied 1-for-1 to Clorox common stock under a deferred compensation plan.
How many deferred stock units does Matthew J. Shattock hold at Clorox (CLX) after these grants?
After the reported grants, Matthew J. Shattock holds 20,126.2673 deferred stock units. These represent his accumulated director compensation in stock-denominated units, which are scheduled to be settled in Clorox common stock when his board service ends through retirement or other termination.
How were the new Clorox (CLX) deferred stock units to Matthew J. Shattock earned?
The new deferred stock units were earned through dividend reinvestment and by electing to receive quarterly director fees in stock units. Both mechanisms operate under Clorox’s Independent Directors' Deferred Compensation Plan, converting cash-based compensation into equity-linked deferred units for the director.
Are Matthew J. Shattock’s Clorox (CLX) deferred stock units considered open-market purchases?
No, the reported deferred stock units are not open-market purchases. They are compensation-related awards, received through dividend reinvestment and in lieu of cash director fees under Clorox’s Independent Directors' Deferred Compensation Plan, rather than discretionary buying or selling in the public market.