Form 4: CHD Executive Acquires RSUs, Stock Options

Church & Dwight's EVP Chief Supply Chain Officer, Carlos Ruiz Rabago, reported the acquisition of restricted stock units and stock options, alongside dispositions of common stock.

Summary

• Carlos Ruiz Rabago, EVP Chief Supply Chain Officer for Church & Dwight Co Inc, reported transactions on March 2, 2026.
• Acquired 810 Restricted Stock Units (RSUs) at a deemed price of $103.95 per unit. These RSUs will vest in three equal annual installments starting March 2, 2027, and represent a contingent right to one share of common stock each upon vesting.
• Acquired 14,720 stock options with an exercise price of $103.95. These options become exercisable on March 2, 2029, and expire on March 2, 2036.
• Disposed of 550 shares of common stock.
• Disposed of 2.879 shares of common stock.
• Following these transactions, direct beneficial ownership of common stock is reported as 1,046.947 shares and 11,542 shares.
• Indirect beneficial ownership of common stock in a Profit Sharing/Saving Plan Trust is 2.879 shares.
• Direct beneficial ownership of derivative securities (stock options) is 14,720 units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as moderately positive due to the significant acquisition of long-term equity incentives (RSUs and stock options) by a key executive, signaling confidence in future performance, despite some minor dispositions of common stock.

Positives

• Executive acquired 810 Restricted Stock Units (RSUs), aligning management's interests with long-term shareholder value.
• Grant of 14,720 stock options provides an incentive for the executive to drive future company performance.

Negatives

• Disposition of 550 shares of common stock by the executive.
• Disposition of 2.879 shares of common stock by the executive.

Future Outlook

The vesting schedule for the Restricted Stock Units (RSUs) and the exercisability period for the stock options indicate a long-term incentive structure for the executive, aligning future performance with shareholder value over several years.

Industry Context

StockSavvy.ai notes that executive compensation packages often include a mix of equity awards like RSUs and stock options to incentivize long-term performance and retention, a common practice across the consumer goods industry to align management with shareholder interests.

Comparison to Industry Standards

• StockSavvy.ai observes that the grant of RSUs and stock options with multi-year vesting and exercisability periods is a standard practice in executive compensation within the consumer staples sector.
• This approach is comparable to practices at companies like Procter & Gamble or Colgate-Palmolive, which use similar long-term incentive structures to retain key talent and drive sustained growth.

Related Party Transactions

• Acquisition of 810 Restricted Stock Units (RSUs) from Church & Dwight Co Inc by EVP Chief Supply Chain Officer Carlos Ruiz Rabago.
• Acquisition of 14,720 stock options from Church & Dwight Co Inc by EVP Chief Supply Chain Officer Carlos Ruiz Rabago.
• Disposition of 550 shares of common stock by EVP Chief Supply Chain Officer Carlos Ruiz Rabago.
• Disposition of 2.879 shares of common stock by EVP Chief Supply Chain Officer Carlos Ruiz Rabago.

Stakeholder Impact

• Shareholders: Potential positive impact from increased executive alignment with long-term company performance through equity incentives.
• Employees: No direct impact mentioned, but executive compensation practices can influence overall company culture and morale.

Next Steps

• RSUs will vest in three equal annual installments starting March 2, 2027.
• Stock options will become exercisable on March 2, 2029.

Key Dates

Recommendation

The acquisition of substantial long-term equity incentives (RSUs and stock options) by a key executive suggests confidence in the company's future prospects and aligns management's interests with shareholder value. While there were also dispositions of common stock, the net effect of increased long-term equity exposure supports maintaining a 'hold' position, as it indicates internal belief in the company's sustained performance.

Keywords

Church & Dwight, CHD, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, Stock Options, Carlos Ruiz Rabago, Supply Chain Officer