Cloez Christophe Paul, the Managing Director for EIMEA at WD-40 Company, has reported a transaction involving 183 shares of common stock. This filing is significant as it reflects ongoing changes in executive compensation and stock ownership within the company.
WD-40 Company, listed under the ticker WDFC, is known for its innovative products in the miscellaneous chemical products sector. The company is headquartered in San Diego, California, and has been a key player in the industrial applications and services market.
According to the recent filing dated October 27, 2026, Cloez's transaction took place on October 26, 2026. The filing states, "Shares withheld pursuant to mandatory provisions of Restricted Stock Unit (RSU) Award Agreement(s) in satisfaction of tax withholding obligations upon vesting of 478 RSUs." Following this transaction, Cloez now owns a total of 5,617 shares of WD-40 Company.
This update may affect various stakeholders, including investors and company employees, as it provides insight into the executive's stock ownership and compensation structure. The filing also emphasizes the importance of transparency in executive transactions, particularly in the miscellaneous chemical products sector.
Details were not available in the SEC filing regarding any future actions or upcoming votes related to this transaction.
Additional Insights from the SEC Filing
The SEC filing provides further details regarding Cloez Christophe Paul's stock ownership. Following the recent transaction, he now holds a total of 5,617 shares, which includes 1,729 unvested Restricted Stock Units (RSUs), 247 shares of restricted Common Stock received upon the settlement of performance share units, and 94 vested deferred performance units (DPUs), which are equivalent to Common Stock.
This transaction was categorized under the transaction code 'F', indicating a disposition of shares. The filing also notes that the shares were withheld to satisfy tax withholding obligations upon the vesting of the RSUs, reflecting the complexities of executive compensation structures.
"The total previously reported should have reflected 5,800 shares," the filing clarifies, indicating a revision in the reported ownership figures.
Moreover, the document confirms that Cloez is an officer of the company, holding the title of Managing Director for EIMEA, which underscores his significant role within the organization.
While the filing includes comprehensive details about the transaction and ownership structure, it does not provide any information regarding future plans for stock transactions or upcoming shareholder meetings that may influence executive decisions.
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