Form 4: Church & Dwight CIO Sells Shares for Tax Obligations

Church & Dwight's EVP Chief Information Officer, Kevin Gokey, disposed of common stock to cover tax liabilities related to vested equity awards.

Summary

• Kevin Gokey, Executive Vice President and Chief Information Officer of Church & Dwight Co Inc, reported transactions involving the disposition of common stock.
• On March 1, 2026, a total of 273 shares of common stock were disposed of at a price of $104.86 per share.
• These dispositions represent shares withheld to satisfy tax obligations in connection with the vesting of previously reported restricted stock units (RSUs) and performance stock units (PSUs).
• Following these transactions, Mr. Gokey's direct beneficial ownership includes 831, 809, 785, 334.455, and 350 shares of common stock.
• Indirect beneficial ownership through a Savings and Profit Sharing plan stands at 4,001.6353 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting standard executive compensation practices rather than a discretionary sale or a change in company outlook.

Positives

• The vesting of restricted stock units (RSUs) and performance stock units (PSUs) indicates that performance conditions, if any, were met, leading to the executive's equity awards becoming exercisable or vested.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that tax-related dispositions of equity awards are a routine and non-discretionary event for executives across publicly traded companies. Such transactions typically do not signal changes in company fundamentals or management's sentiment towards the company's prospects.

Comparison to Industry Standards

• The practice of withholding shares to cover tax obligations upon the vesting of equity awards is a standard and widely adopted mechanism for executive compensation and tax management across various industries, including consumer goods.
• This is comparable to practices observed at companies like Procter & Gamble (PG), Colgate-Palmolive (CL), and Kimberly-Clark (KMB), where executives frequently report similar tax-related dispositions of vested stock.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes and do not reflect a change in the executive's investment thesis or company performance.

Key Dates

Recommendation

This Form 4 details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of equity awards. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as existing investment theses remain unchanged based on this filing.

Keywords

Church & Dwight, CHD, Kevin Gokey, Form 4, Insider Transaction, Equity Compensation, RSU, PSU, Tax Withholding, Executive Compensation