Bellet Luc 4

What Happened
Luc Bellet, Chief Financial Officer of Clorox Co. (CLX), had 244 shares withheld by the company on April 1, 2026 to satisfy tax obligations related to the vesting of restricted stock. The shares were valued at $103.63 each, for a total withholding value of $25,286. The transaction is coded “F” (tax withholding/disposition), not an open-market sale.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-03 (Form 4) — timely filing.
• Shares withheld/disposed: 244 at $103.63 per share; total value $25,286.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 = company withheld shares to satisfy tax obligations on vesting of restricted stock; F2 = the 244 includes 18 shares acquired via the company’s dividend reinvestment feature.
• Transaction code: F (withholding to cover tax liability), not a purchase (P) or open-market sale (S).

Context
Withholding shares to cover taxes on vested restricted stock is a common administrative action and differs from an insider selling shares in the open market. Such withholdings usually reflect tax settlement rather than a decision to liquidate holdings for other reasons.