4Filed Aug 11, 8:00 PM ET
WD-40 (WDFC) Division President Patricia Olsem Sells 300 Shares
$WDFC · WD 40 COResearch Summary
AI-generated summary of this SEC filing
WD-40 (WDFC) Division President Patricia Olsem Sells 300 Shares
What Happened
- Patricia Q. Olsem, Division President, Americas at WD‑40 Co. (WDFC), sold 300 shares in an open‑market transaction on August 10, 2026. The shares were sold at $233.73 each for a total proceeds of $70,119. This was a sale (not a purchase or award).
Key Details
- Transaction date and price: 2026-08-10, sale at $233.73 per share.
- Total disposed: 300 shares, proceeds $70,119.
- Shares owned after transaction: the filing provided a consolidated ownership amount that includes (i) 1,842 unvested restricted stock units (RSUs), (ii) 644 restricted shares received on settlement of performance stock units (PSUs), and (iii) 89 vested deferred performance units (DPUs) that are Common Stock equivalents (see footnote F1). The filing did not list a simple post‑sale common‑share count separate from these reported holdings.
- Filing date / timeliness: Form 4 filed Aug 12, 2026 — appears timely (filed two days after the reported transaction).
- Other notable footnote (F2): Under the 2007 Olsem Family Trust, the reporting person shares voting power and investment discretion with her spouse.
Context
- This was an open‑market sale (transaction code S). Sales by executives are common and may be for many reasons (financial planning, diversification, tax needs); the filing itself does not state the motivation. No 10b5‑1 plan, option exercise, gift, or tax‑withholding sale was indicated in the provided notes.