Form 4: Church & Dwight Executive Reports Stock Transactions to Cover Tax Obligations
SEC Form 4 Filing
Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Patrick de Maynadier, an executive at Church & Dwight Co. Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
- The transactions involved the disposition of common stock to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- On March 1, 2025, 158 shares were disposed of at a price of $111.2, and another 143 shares were disposed of at the same price.
- Following these transactions, de Maynadier directly owns 675 shares and indirectly owns 757 shares.
- He also directly owns 10,497.184 shares and indirectly owns 2,655.5559 shares through a Savings and Profit Sharing Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transactions (disposal of shares to cover tax obligations). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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