Plunk Ken Allen 4
4 · WD 40 CO · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
WD-40 Co (WDFC) Director Ken Plunk Receives RSU Award
What Happened Ken Allen Plunk (Director) was granted 515 restricted stock units (RSUs) on February 18, 2026 under WD‑40 Co.’s Directors' Compensation Policy. The award is reported as an acquisition (grant) and had an aggregate fair market value of approximately $125,000 on the grant date. The RSUs are fully vested upon grant and are treated as common stock equivalents.
Key Details
- Transaction date: 2026-02-18 (Form 4 filed 2026-02-19).
- Transaction type/code: Award/Grant (A).
- Shares/units: 515 RSUs; price per share not applicable; aggregate FMV ≈ $125,000.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (1) RSU is the non‑elective portion of annual director compensation under the June 16, 2025 plan and vests on grant. (2) RSUs are fully vested common‑stock equivalents and will be settled in common stock following termination of the director’s service.
- Timeliness: Filing appears timely (filed the day after the grant).
Context This is a routine director compensation award, not an open‑market purchase or sale. Because the RSUs vested immediately and will convert to common stock upon settlement, this reflects compensation rather than a personal buy or sell decision; such grants are common and do not by themselves indicate the director’s market view.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-18+515→ 515 total
Footnotes (2)
- [F1]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.
- [F2]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.