Form 4: Church & Dwight CEO Matthew Farrell Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Matthew Farrell, President and CEO of Church & Dwight, reports the withholding of common stock to cover tax obligations related to vesting restricted stock units.

Summary

  • On March 1, 2025, Matthew Farrell, the President and CEO of Church & Dwight Co. Inc., had shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
  • A total of 1,260 shares were withheld at a price of $111.2 per share.
  • An additional 1,164 shares were withheld at a price of $111.2 per share.
  • Following these transactions, Farrell directly owns 6,181 shares and 6,876 shares of common stock, which includes previously granted RSUs and shares received upon vesting.
  • Farrell also indirectly owns 23,062 shares through his spouse, 9,909.44 shares through his spouse's 401(k), and 1,460.8576 shares through a Savings and Profit Sharing Plan.
  • Farrell disclaims beneficial ownership of the shares held by his spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, indicating a neutral sentiment.

Management Comments

  • The reporting person disclaims beneficial ownership of all of the securities held by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Comparison to Industry Standards

  • Insider transactions are a normal part of corporate governance.
  • Monitoring these transactions can provide insights into management's perspective on the company's valuation and future prospects.
  • Comparing Farrell's holdings and transactions to those of other CEOs in the consumer staples industry could provide a benchmark for assessing his level of investment in Church & Dwight.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • The transactions themselves are unlikely to have a significant impact on stakeholders.

Key Dates

DateDescription
03/01/2025Date of stock withholding for tax obligations.
03/04/2025Date of signature on the Form 4 filing.

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