CHURCH & DWIGHT CO INC /DE/·4

Mar 3, 1:37 PM ET

DE MAYNADIER PATRICK D 4

Research Summary

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Church & Dwight (CHD) EVP Patrick De Maynadier Sells Shares

What Happened
Patrick D. De Maynadier, EVP, General Counsel & Secretary of Church & Dwight (CHD), had a total of 1,293 shares disposed on Mar 1, 2026 as payment of tax obligations related to vested equity. The dispositions were: 144 shares, 131 shares, and 1,018 shares, each at $104.86 per share, totaling approximately $135,584. These were tax-withholding dispositions (transaction code F), not open-market purchases or voluntary sales.

Key Details

  • Transaction date: March 1, 2026. Report filed March 3, 2026 (appears timely).
  • Price: $104.86 per share for all three withholding events.
  • Shares disposed: 144 + 131 + 1,018 = 1,293 shares; total proceeds ≈ $135,584.
  • Shares owned after transaction: Not specified in the Form 4 provided.
  • Footnotes from the filing:
    • F1: Shares withheld to satisfy tax obligations on vesting of previously reported RSUs.
    • F2: Includes previously granted RSUs as well as shares received upon RSU vesting.
    • F3: Shares withheld to satisfy tax obligations on time‑based vesting of previously reported PSUs.
  • Transaction type: F = Payment of exercise price or tax liability (i.e., withholding), a routine disposition.

Context
These transactions are tax-withholding dispositions tied to the vesting of restricted stock units (RSUs) and performance stock units (PSUs). That means shares were withheld by the company to cover tax obligations rather than the insider selling shares on the open market for investment reasons. Such withholding events are common and generally considered routine administrative actions rather than signals about the insider’s view of the stock.