---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-22-000047"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T03:53:57.765365+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WD-40 raises quarterly dividend to $0.83 (+6%); elects new Chairman and director

## Summary
- Quarterly dividend increased to $0.83 per share (6% increase); payable Jan 31, 2023 to holders of record Jan 13.
- Gregory A. Sandfort elected non-executive Chairman, replacing Garry O. Ridge who retired after 35 years.
- Cynthia B. Burks elected to board; appointed to Audit and Compensation Committees.
- Annual meeting results: all 12 directors elected; say-on-pay passed with 10.66M votes for; auditor ratified with 10.69M for.
- Q1 FY2023 earnings call scheduled for January 9, 2023 at 2:00 p.m. PST.

## SEC filing metadata
- accession: 0000105132-22-000047
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/0000105132-22-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/wdfc-20221213x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-22-000047
- JSON: https://secwatch.observer/filing/0000105132-22-000047.json
- Plain text: https://secwatch.observer/filing/0000105132-22-000047.txt

## Key facts
- Executive change
  Gregory A. Sandfort was elected as Chair of the Board at WD 40 CO.
  - Action: elected
  - Role: Chair of the Board
  source text: On December 13, 2022, the Board of Directors (“Board”) of WD-40 Company (“Company”) elected Gregory A. Sandfort as Chair of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/0000105132-22-000047-index.htm
- Shareholder Votes
  WD 40 CO shareholders approved Advisory Vote to Approve Executive Compensation at the 2022-12-13 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-12-13
  source text: The Company’s stockholders approved, by advisory vote, the compensation paid to the Company’s named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/0000105132-22-000047-index.htm
- Shareholder Votes
  WD 40 CO shareholders approved Election of Directors at the 2022-12-13 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-12-13
  source text: The Company’s stockholders elected the following directors to each serve until the next Annual Meeting or until a successor is duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/0000105132-22-000047-index.htm
- Shareholder Votes
  WD 40 CO shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2022-12-13 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-12-13
  source text: The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513222000047/0000105132-22-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.