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

Church & Dwight's EVP Chief Digital Growth Officer, Surabhi Pokhriyal, reported the sale of common stock to cover tax obligations related to RSU and PSU vesting.

Summary

• Surabhi Pokhriyal, EVP Chief Digital Growth Officer of Church & Dwight Co Inc, reported transactions involving common stock.
• On March 1, 2026, Pokhriyal disposed of 32, 103, 29, and 249 shares of common stock.
• These dispositions were classified as 'Code F' transactions, indicating shares withheld to satisfy tax obligations.
• The shares were sold at a price of $104.86 per share.
• The transactions were connected to the vesting of previously reported restricted stock units (RSUs) and performance stock units (PSUs).
• Following these transactions, direct beneficial ownership includes 1,059, 956, 927, 511, 1,620, and 420 shares of common stock.
• Indirect beneficial ownership includes 31.907 shares held in a Savings and Profit Sharing plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions are routine tax-related dispositions of shares upon equity award vesting, not indicative of a change in investment sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, and tax-related sales are common for executives receiving equity compensation. These transactions do not typically reflect a change in management's outlook on the company's prospects or broader industry trends.

Comparison to Industry Standards

• Tax withholding upon the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) is a standard practice across various industries for executives receiving equity compensation.
• Comparable companies in the consumer staples sector, such as Procter & Gamble (PG) or Colgate-Palmolive (CL), frequently show similar Form 4 filings for their executives, detailing share dispositions for tax purposes upon equity award vesting.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related sales and not a discretionary sale indicating a lack of confidence in the company's future.

Key Dates

Recommendation

This Form 4 filing details routine tax-related sales by an executive upon the vesting of equity awards. Such transactions are common and do not typically signal a change in the company's fundamentals or the executive's long-term view. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Church & Dwight, CHD, Surabhi Pokhriyal, Form 4, insider transaction, stock sale, RSU, PSU, tax withholding, executive compensation