WD 40 CO [WDFC]

Reporting date: 10/09/2025

⚠️ Neutral Insider Buy Detected

πŸ“ What Happened

  • Insider: Multiple reporting owners β€” Steven A. Brass; HYZER SARA KATHLEEN; KIAMILEV PHENIX Q.; LINDEMAN JEFFREY G; Olsem Patricia Q.
  • Role: President & CEO; VP, Finance & CFO; VP, GC & Chief Compliance Officer; VP, Chief People, Culture & Cap.; Division President, Americas (mix of officer/director roles)
  • Company: WD 40 CO (WDFC)
  • Transaction Date(s): 2025-10-09
  • Table I (Non-Derivative Securities)
    • Sale : 19,900 shares acquired (aggregate of all non-derivative transactionShares)
    • Average Sale Price: price not specified
    • Total Value: with price not specified, total value not fully determinable
    • Post-Transaction Direct Holdings: 53,378 shares (aggregate direct holdings across reporting owners)
    • Indirect Holdings: 10,083 shares (aggregate indirect/By Trust holdings)
    • 10b5-1 Plan Used? No

    πŸ“„ Summary

    Multiple reporting owners β€” including CEO Steven A. Brass and several VPs β€” at WD 40 CO (WDFC), acquired a total of 19,900 shares on October 09, 2025, with price not specified, with total value not fully determinable. After the transactions, the group holds in aggregate ~53,378 direct shares and ~10,083 indirect shares. For retail traders, this is a neutral event: predominantly compensation-driven grants/vests, not open-market buying.

    πŸ”‘ Interpretation

    • Type: Comp-related (RSU grants and MSU vestings) β€” not discretionary open-market purchases.
    • Disposition: Shares were acquired/awarded (code A) and are primarily subject to award/vesting settlement β€” not sold immediately.
    • Size Context: Aggregate issuance of 19,900 shares is meaningful in nominal terms but split across five insiders; for the CEO (largest single recipient ~11,666 shares) it is a moderate grant/settlement consistent with periodic compensation rather than an outsized one-time divestiture, so it does not look like profit-taking.
    • ATH Metric: Market-price proximity to all-time high/low cannot be precisely determined here because the filing does not include market prices and live price lookup is not available in this report; however, these transactions are routine award/vesting events and do not on their face appear opportunistic relative to market extremes.
    • Outlier Check: Not unusually large compared to typical periodic executive grants and vesting activity; CEO's allotment is the largest but consistent with prior executive compensation patterns (no single extremely large sale observed).

    πŸ“Š Bullish or Bearish?

    Decide: Neutral

    Neutral. All reported transactions are acquisitions under compensation/vesting (transaction code A) rather than open-market buys or disposals; they increase insider holdings but are standard comp-related awards, and price information is not provided so market-timing inference is limited. Cluster activity cannot be determined from this filing alone.

    βœ… Bottom Line (Retail Takeaway)

    This batch of filings reflects routine compensation-related grants and vesting rather than discretionary open-market purchases or sales. For retail traders, it’s largely noise β€” not a clear buy or sell signal on its own and not typically worth a trade unless corroborated by significant market-facing insider activity.