secwatch.observer — SEC 8-K summary
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Issuer:     WD 40 CO (WDFC)
CIK:        0000105132
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0000105132-22-000018
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WD-40 appoints director Magee, nominates Burks, board to 12; CEO Brass salary to $600K
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- Edward O. Magee Jr. appointed to board effective June 20, 2022; board expands from 11 to 12.
- Cynthia B. Burks nominated for election at 2022 annual meeting; Garry Ridge to retire from board in Dec 2022.
- CEO Steven A. Brass salary to increase to $600K (from $457,583) effective Sept 1, 2022; target incentive rises to 100%.
- Magee receives RSU award of 437 shares (~$80K) and cash retainer of $45K; serves on Audit and Finance committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105132/000010513222000018/0000105132-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105132/000010513222000018/wdfc-20220620x8k.htm
  HTML page:      https://secwatch.observer/filing/0000105132-22-000018

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