Form 4: Church & Dwight Executive Exercises Stock Options and Sells Shares

Carlen Hooker, EVP, Chief Commercial Officer of Church & Dwight Co Inc (CHD), executed a routine transaction involving the exercise of stock options and the subsequent sale of 3,000 common shares.

Summary

• Carlen Hooker, the Executive Vice President and Chief Commercial Officer of Church & Dwight Co Inc (CHD), engaged in a transaction on May 29, 2025, involving the company's common stock.
• The transaction included the exercise of 3,000 stock options at an exercise price of $73.87 per share.
• Concurrently, 3,000 shares of common stock were sold on the open market at a weighted average price of $98.0525 per share, with prices ranging from $98.0515 to $98.065.
• This transaction resulted in a pre-tax gain of approximately $72,547.50 for the reporting person (3,000 shares * ($98.0525 $73.87)).
• Following these transactions, Carlen Hooker's direct beneficial ownership of common stock is 1,269 shares (comprising 262, 467, and 540 shares across different holdings).
• Indirect beneficial ownership remains at 173.7386 shares through a Profit Sharing/Saving Plan Trust.
• The reporting person still holds 4,180 stock options (right to buy) after this transaction.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction (exercise of options and sale of shares) often part of an executive compensation plan, and does not indicate any specific positive or negative operational or financial news for the company.

Positives

• The executive realized a significant pre-tax gain of $72,547.50 from the exercise of stock options and subsequent sale of shares.
• The transaction was executed at a sale price ($98.0525) significantly higher than the option exercise price ($73.87), indicating profitability for the executive.

Negatives

• The executive reduced their direct beneficial ownership of common stock by selling shares, although this was offset by the exercise of options.

Future Outlook

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

Industry Context

This transaction represents a routine insider activity, common in executive compensation structures where stock options are exercised and subsequently sold, often as part of a pre-arranged trading plan (Rule 10b5-1). It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine insider transaction and does not signal a change in company fundamentals or strategy. It represents an executive realizing value from their compensation.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Church & Dwight, CHD, Form 4, Insider Transaction, Stock Option Exercise, Share Sale, Executive Compensation, Carlen Hooker, Beneficial Ownership