DE MAYNADIER PATRICK D 4/A
Research Summary
AI-generated summary
Church & Dwight (CHD) EVP Patrick De Maynadier Receives Award
What Happened
Patrick D. De Maynadier, EVP, General Counsel & Secretary of Church & Dwight (CHD), was reported as acquiring 2,240 shares through the payout of performance stock units (PSUs). The Form 4 amendment (filed 2026-03-03) lists the acquisition at $0.00 per share for the transaction dated 2026-01-27. The PSUs were earned for the performance period ending 12/31/2025 and were certified by the Compensation and Human Capital Committee; they will vest on 2026-03-01 and settle with delivery of shares thereafter, subject to continued service.
Key Details
- Transaction date: 2026-01-27 (amended filing dated 2026-03-03)
- Transaction type: Award/Grant (PSU payout) — 2,240 shares @ $0.00 (reported acquisition)
- PSU payout: Paid at 200% of target (could have ranged 0–200%) as noted in the amendment
- Vesting/settlement: PSUs certified 1/27/2026; vesting date 3/1/2026; shares delivered thereafter subject to continued service
- Holdings after transaction: Filing notes holdings adjusted for contributions to the reporting person's Savings & Profit Sharing account; exact total post-transaction holdings not specified in the amendment
- Filing status: This is an amended Form 4 (amendment clarifies PSU payout at 200% and adjusts holdings)
Context
PSUs are performance-based equity awards that convert to shares only if performance goals are met and the recipient remains employed through vesting. The $0.00 price reflects that these were compensation awards, not open-market purchases or sales. The amendment updates how many shares were ultimately paid (maximum 200% payout) and adjusts reported holdings — it does not indicate an open-market buy or sell by the insider.