Church & Dwight (CHD) EVP Brian D. Buchert Exercises Options, Sells Shares

What Happened

• Brian D. Buchert, EVP of Strategy, M&A, and BP at Church & Dwight (CHD), exercised 10,160 stock options on 2026-06-10 (cost $49.62/share, $504,139 total) and immediately sold those 10,160 shares in the open market for a weighted average price of $98.14/share (sale proceeds ~$997,153). The filing also reports the surrendered derivative from the exercise at $0 (standard reporting for option conversion).

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-11 (timely).
• Exercise: 10,160 shares @ $49.62; total exercise cost reported $504,139.
• Sale: 10,160 shares @ weighted avg $98.14; gross proceeds reported ~$997,153.
• Footnote: Sale price is a weighted average; actual prices ranged from $98.12 to $94.17 (detailed breakdown available on request) (F1).
• Derivative line at $0 indicates the option was converted/surrendered as part of the exercise.
• Shares owned after the transaction are not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or late-filing indication is noted in the excerpt.

Context

• This was an option exercise followed by an immediate sale of the acquired shares (a cashless exercise pattern). Such transactions commonly reflect executives realizing gains from vested awards; they are routine and do not, by themselves, indicate a change in insider sentiment.