Linares Carlos G. 4
Research Summary
AI-generated summary
Church & Dwight (CHD) EVP Carlos Linares Surrenders 793 Shares for Taxes
What Happened
Carlos G. Linares, EVP, Chief Technology & Global New Products at Church & Dwight (CHD), had a total of 793 shares of CHD common stock withheld to satisfy tax obligations tied to the vesting of previously granted restricted stock units (RSUs) and performance stock units (PSUs). The transactions on 2026-03-01 show dispositions of 87, 77 and 629 shares at $104.86 per share, totaling approximately $83,154. These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (filed within two business days — timely).
- Shares withheld/disposed: 87 @ $104.86 ($9,123); 77 @ $104.86 ($8,074); 629 @ $104.86 ($65,957). Total 793 shares, ~$83,154.
- Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs/PSUs. Footnotes specify F1 (RSU tax withholding), F2 (includes previously granted RSUs and vested shares), F3 (PSU tax withholding for time-based vesting).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- These dispositions are routine tax withholdings (not market sales).
Context
Tax-withholding dispositions are common when equity awards vest: the company withholds or "surrenders" a portion of the vested shares to cover payroll/tax obligations. Such transactions typically do not reflect a deliberate decision to sell shares for investment reasons and are considered administrative/cashless actions rather than a bearish signal.