Hemsey Rene 4
Research Summary
AI-generated summary
Church & Dwight EVP Rene Hemsey Sells Shares to Cover Taxes
What Happened
- Rene Hemsey, EVP & Chief HR Officer of Church & Dwight (CHD), had 708 shares disposed on March 1, 2026 to satisfy tax obligations arising from the vesting of equity awards. The disposals were recorded as tax-withholding dispositions (code F), not open-market purchases.
- Transactions: 77 shares @ $104.86 = $8,074; 70 shares @ $104.86 = $7,340; 561 shares @ $104.86 = $58,826. Total disposed: 708 shares for $74,240.
Key Details
- Transaction date: March 1, 2026; filing date (Form 4): March 3, 2026.
- Prices: all three entries at $104.86 per share.
- Shares owned after the transaction: not specified in the filing.
- Footnotes:
- F1: shares withheld to satisfy tax on vested RSUs.
- F2: includes previously granted RSUs and shares received upon vesting.
- F3: shares withheld to satisfy tax on time‑based vesting of PSUs.
- Filing note: the Form 4 was submitted on March 3, 2026; the filing itself does not indicate a late filing flag.
Context
- These transactions reflect routine tax-withholding in connection with vested restricted stock units (RSUs) and performance stock units (PSUs). Such withholdings are standard and do not necessarily indicate an insider selling for investment reasons.
- Transaction code F generally means shares were withheld by the company to cover taxes (a cashless/withholding action), rather than an open-market sale that might reflect a change in sentiment.