Buchert Brian D 4
Research Summary
AI-generated summary
Church & Dwight (CHD) EVP Brian Buchert Withholds Shares for Taxes
What Happened Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight (CHD), had a total of 466 shares withheld on Mar 1, 2026 to satisfy tax obligations tied to equity vesting. The withholding occurred in three entries: 46 shares, 56 shares, and 364 shares, each at $104.86 per share, totaling about $48,865. These were dispositions reported on Form 4 but represent tax withholding rather than an open-market sale.
Key Details
- Transaction date: 2026-03-01 (reported on Form 4 filed 2026-03-03). Filing appears timely (within the typical two-business-day Form 4 window).
- Price: $104.86 per share for all entries.
- Individual withholdings:
- 46 shares × $104.86 = $4,824
- 56 shares × $104.86 = $5,872
- 364 shares × $104.86 = $38,169
- Total shares withheld: 466; total value ≈ $48,865.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: Shares withheld to satisfy tax on previously reported RSUs.
- F2: Includes previously granted RSUs and shares received upon vesting of those RSUs.
- F3: Shares withheld to satisfy tax on time‑based vesting of previously reported PSUs.
- Transaction code: F (tax withholding).
Context Tax-withholding dispositions are routine when restricted stock units (RSUs) or performance stock units (PSUs) vest; shares are retained (or sold by the company) to cover tax liabilities. Such transactions are administrative and do not necessarily indicate the insider’s view of the company’s prospects.