CHURCH & DWIGHT CO INC /DE/·4/A

Mar 3, 1:29 PM ET

Read Michael 4/A

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Church & Dwight EVP Michael Read Receives PSU Award (1,460 shares)

What Happened

  • Michael Read, Executive Vice President, International for Church & Dwight (CHD), was granted/awarded 1,460 shares on 2026-01-27 as performance stock units (PSUs). The Form 4 reports an acquisition of 1,460 shares at $0.00 (award), with settlement of shares to occur after vesting.

Key Details

  • Transaction date reported: January 27, 2026 (Form 4 filed/amended March 3, 2026).
  • Reported amount: 1,460 shares; acquisition price reported as $0.00 (award).
  • Footnote F1: These PSUs were earned for the performance period ending December 31, 2025; certification by the Compensation and Human Capital Committee occurred January 27, 2026. PSUs vest on March 1, 2026 and will be settled by delivery of shares thereafter, subject to continued service through vesting.
  • Footnote F2: PSU payout range was 0–200% of target; this amended filing states the PSUs were paid at the maximum 200%.
  • Shares owned after the transaction: Not stated in this filing.
  • Filing status: This is an amended Form 4 filed March 3, 2026 to reflect the 200% payout. (Original timeliness not provided; Form 4s are typically due within 2 business days of the transaction, so investors may note the amendment date.)

Context

  • PSUs are performance-based equity awards; the number of shares delivered depends on company performance. Here, the award paid at 200% of target, yielding 1,460 shares at payout.
  • The $0.00 acquisition price reflects an award rather than a cash purchase; the economic value to the insider equals the market value of the shares when they are delivered.
  • Awards and vested grants are common executive compensation events and do not, by themselves, indicate buying or selling sentiment.