secwatch.observer — SEC 8-K summary
======================================

Issuer:     WD 40 CO (WDFC)
CIK:        0000105132
Form:       8-K/A
Filed at:   2022-10-14T23:59:59+00:00
Accession:  0000105132-22-000028
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

WD-40 discloses CFO Sara K. Hyzer compensation; CFO transition with Rembolt detailed
--------------------------------------------------------------------------------

- Hyzer annual base salary $315,000; non-equity incentive up to 110% of base.
- Hyzer receives 865 retention RSUs (3-yr vest), 865 MSUs (vests Oct 2025), 1,000 performance PSUs tied to FY2023 max goals.
- Hyzer gets vehicle allowance $18,000/yr, $50,000 employer profit sharing/401k contributions.
- Rembolt transitions to strategic advisor until Jan 6, 2023; continues $27,932/month salary, vesting, receives 2,597 RSUs.
- Rembolt to consult after retirement at $250/hr for up to 3 months; $38,000 vehicle lease buyout.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105132/000010513222000028/0000105132-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105132/000010513222000028/wdfc-20221010x8ka.htm
  HTML page:      https://secwatch.observer/filing/0000105132-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer