Read Michael 4

What Happened
Michael Read, EVP, International at Church & Dwight (CHD), had a total of 1,017 shares of CHD common stock withheld to satisfy tax obligations related to the vesting of previously granted restricted and performance stock units. The withholdings occurred on March 1, 2026, in three dispositions: 117 shares, 118 shares, and 782 shares, all at $104.86 per share, resulting in aggregate proceeds/dispositions of $106,643.

Key Details

• Transaction date: 2026-03-01. Filing date: 2026-03-03 (appears timely).
• Prices and amounts:
  • 117 shares @ $104.86 = $12,269
  • 118 shares @ $104.86 = $12,373
  • 782 shares @ $104.86 = $82,001
  • Total shares withheld/disposed: 1,017; total value ≈ $106,643
• Transaction code: F — shares withheld to satisfy tax withholding obligations on vesting.
• Footnotes:
  • F1: Withheld to satisfy tax on vesting of RSUs.
  • F2: Includes previously granted RSUs and shares received on RSU vesting.
  • F3: Withheld to satisfy tax on time-based vesting of PSUs.
• Shares owned after transaction: not provided in the information supplied.

Context
These were not open-market sales but routine share withholdings to cover tax liabilities from equity vesting (commonly called a "sell-to-cover"). Such withholdings are standard and do not necessarily signal the insider's view of the company’s prospects.