Vergis Janet S. 4
Research Summary
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Church & Dwight (CHD) Director Janet Vergis Receives RSU Award
What Happened Janet S. Vergis, a director of Church & Dwight Co., Inc. (CHD), received a grant of restricted stock units (RSUs) on May 4, 2026. The Form 4 shows two award entries totaling 3,980 units: 920 units reported as "shares" and 3,060 units reported as a derivative award, each with an acquisition price of $0.00 (no cash exchanged).
Key Details
- Transaction date: May 4, 2026; Form filed May 6, 2026.
- Reported price: $0.00 per unit; total immediate cash value on the Form 4 = $0.
- Units granted: 920 (direct entry) + 3,060 (derivative entry) = 3,980 RSUs.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: F1 — These are RSUs that will vest, subject to conditions, in full on the first anniversary of the grant; each RSU represents the contingent right to receive one common share upon vesting.
- Filing timeliness: Filed two days after the grant date (appears timely under Form 4 rules).
Context RSUs are a form of equity compensation that do not deliver actual shares until they vest; the award itself is neither a purchase nor a sale and does not indicate an immediate change in market exposure. The economic value to the insider will depend on Church & Dwight’s share price at the vesting date (one-year cliff per the footnote). Grants to directors are common as part of compensation or retainer arrangements.