Form 4: Church & Dwight Executive Surabhi Pokhriyal Reports Stock Option Grant and RSU Acquisition
SEC Form 4 Filing
EVP Chief Digital Growth Officer Surabhi Pokhriyal reports acquisition of stock options and restricted stock units (RSUs) in Church & Dwight Co. Inc.
Summary
- Surabhi Pokhriyal, EVP Chief Digital Growth Officer at Church & Dwight Co. Inc., filed a Form 4 on March 5, 2025, reporting transactions related to the company's stock.
- On March 3, 2025, Pokhriyal was granted 10,480 stock options with an exercise price of $112.06, exercisable from March 3, 2028, and expiring on March 3, 2035.
- Also on March 3, 2025, Pokhriyal acquired 420 restricted stock units (RSUs) at a price of $0.
- These RSUs will vest in three equal annual installments starting March 3, 2026.
- Following these transactions, Pokhriyal directly owns 1,121 shares of common stock and indirectly owns 15.76 shares through a Savings and Profit Sharing plan.
- She also directly owns 10,480 derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.
Positives
- The grant of stock options and RSUs to an executive aligns their interests with those of the shareholders, incentivizing them to improve company performance.
- The vesting schedule of the RSUs (three equal annual installments beginning March 3, 2026) encourages long-term commitment from the executive.
Future Outlook
The RSUs will vest in three equal annual installments beginning March 3, 2026, subject to certain conditions.
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 to gauge management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The grant of stock options and RSUs can positively impact shareholders by aligning management's interests with the company's long-term success.
- Employees may be indirectly impacted as executive performance can influence overall company performance.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock option grant and RSU acquisition |
| 03/03/2028 | Date stock options become exercisable |
| 03/03/2035 | Expiration date of stock options |
| 03/05/2025 | Date Form 4 was filed |
| 03/03/2026 | First vesting date for RSUs |
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