Form 4: Church & Dwight CEO Matthew Farrell Exercises Options and Sells Shares
SEC Form 4 Filing
Matthew Farrell, President and CEO of Church & Dwight Co. Inc., exercised stock options and sold shares on March 11, 2024.
Summary
- On March 11, 2024, Matthew Farrell, the President and CEO of Church & Dwight Co. Inc., exercised stock options to acquire 275,000 shares of common stock at a price of $41.755 per share.
- Simultaneously, Farrell sold 275,000 shares of common stock at a weighted average price of $103.8274, with individual prices ranging from $103.53 to $104.54.
- Following these transactions, Farrell directly owns 112,719.2749 shares of Church & Dwight common stock.
- Farrell also has indirect ownership through his spouse, including 8,040 shares, 23,062 shares, 9,909.44 shares in a 401(k), and 1,409.7019 shares in a savings and profit sharing plan.
- He also directly owns 6,800 stock options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports standard executive stock transactions.
Industry Context
This filing reflects routine transactions by a company executive and is typical for executive compensation and stock ownership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/04/2019 | Date stock options were granted. |
| 01/04/2026 | Expiration date of stock options. |
| 03/11/2024 | Date of stock option exercise and share sale. |
| 03/12/2024 | Date of Form 4 filing. |
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