New WD-40 (WDFC) director gets 515-share RSU stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WD-40 Company director Ken Allen Plunk reported an equity grant tied to his board appointment. On February 18, 2026, he acquired 515 shares of common stock through a restricted stock unit (RSU) award with an aggregate fair market value of approximately $125,000 on the grant date.
The RSU award represents the non-elective portion of annual director compensation under the company’s Directors’ Compensation Policy and Election Plan adopted on June 16, 2025. The RSUs vest upon grant, are treated as common stock equivalents, and will be settled in WD-40 common stock after Plunk’s service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Plunk Ken Allen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 515 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 515 shares (Direct)
Footnotes (1)
- Reporting person was appointed as a director to Issuer's Board of Directors effective February 18, 2026. Acquisition reported represents a restricted stock unit ("RSU") award covering shares of Issuer's common stock granted in accordance with Issuer's Directors' Compensation Policy and Election Plan adopted on June 16, 2025. This RSU award, which was granted effective February 18, 2026 and had an aggregate fair market value of approximately $125,000 on such date, is the non-elective portion of annual director compensation and vests upon grant. Represents fully vested RSUs treated as common stock equivalents. Following termination of the Reporting Person's service as a director, the RSUs will be settled with Issuer's common stock.