Vergis Janet S. 4

What Happened

• Janet S. Vergis, a director of Church & Dwight Co., exercised 12,960 stock options at $49.62 per share (total exercise cost $643,075) on 2026-02-04 and sold the same 12,960 shares in an open-market transaction at $101.00 per share for total proceeds of $1,308,960.
• The filing also reports a related derivative disposition of 12,960 shares at $0.00, consistent with a cashless exercise/net settlement that resulted in immediate sale of the shares. Net pre-tax proceeds (sale less exercise cost) were about $665,885.
• This transaction is a sale of shares following an option exercise (routine liquidity event), not a purchase that signals added ownership.

Key Details

• Transaction date: February 4, 2026; Filing date: February 5, 2026 (filed the next day).
• Exercise (code M): 12,960 shares at $49.62 — $643,075 total cost.
• Sale (code S): 12,960 shares at $101.00 — $1,308,960 total proceeds.
• Derivative disposition (code M) reported at $0.00 for 12,960 shares, indicating net/cashless settlement.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding notation, or late-filing indicator was noted in the excerpt.

Context

• This is a common cashless exercise pattern: the insider exercised options and immediately sold the underlying shares, converting option value to cash. Such transactions are typically liquidity-driven and do not necessarily reflect a change in sentiment about the company.
• Janet Vergis is a director (not reported as a 10% owner or executive in this filing excerpt), so this is director-level insider activity rather than major owner or officer trading.