Form 4: Church & Dwight EVP Read Exercises, Sells Shares

Church & Dwight EVP Michael Read exercised restricted stock units and immediately sold the resulting shares on January 15, 2026.

Summary

• Michael Read, Executive Vice President, International, of Church & Dwight Co Inc. (CHD), reported transactions on January 15, 2026.
• Read exercised 12 restricted stock units (RSUs) that vested on January 15, 2026, converting them into 12 shares of common stock on a 1-for-1 basis.
• Concurrently, Read disposed of these 12 shares of common stock at a price of $90.43 per share.
• The RSUs were originally granted on January 15, 2021.
• Following these transactions, Read directly holds 8,212 shares of common stock and indirectly holds 1,400 shares through a spouse's registered pension plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the vesting and immediate sale of restricted stock units, which is a common practice for executive compensation and tax planning. It does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• Michael Read's restricted stock units (RSUs) granted on January 15, 2021, fully vested on January 15, 2026, indicating successful completion of performance or tenure requirements.
• The vesting and subsequent sale of shares at $90.43 per share represent a realized gain for the executive.

Negatives

• The immediate sale of all 12 shares acquired from the RSU vesting could be interpreted as the executive not increasing their direct equity stake in the company at this time, potentially for tax purposes or personal liquidity.

Future Outlook

This Form 4 filing reports an individual executive's equity transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction (vesting and sale of restricted stock units) and does not contain information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The transaction involves a very small number of shares (12 shares) relative to the company's total outstanding shares, resulting in a negligible impact on overall shareholder value or ownership structure.
• Management: Michael Read, EVP, International, realized a gain from the vesting and sale of his restricted stock units, which is a standard component of executive compensation.

Key Dates

Keywords

Church & Dwight, CHD, Insider Trading, Form 4, Restricted Stock Units, Executive Compensation, Stock Sale, Michael Read