CHD Director Bradley C. Irwin Exercises Options, Sells 4,300 Shares

What Happened
Bradley C. Irwin, a director of Church & Dwight (CHD), exercised options to acquire 4,300 shares on 2026-08-11 at a strike price of $77.33 per share (cost $332,519). He then sold those 4,300 shares the same day in an open-market transaction at a weighted-average price of $102.69 per share, generating proceeds of $441,575. The Form 4 also records the option conversion (derivative disposition) associated with the exercise.

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-12 (timely).
• Exercise (code M): 4,300 shares @ $77.33 = $332,519 (acquired).
• Sale (code S): 4,300 shares @ weighted avg $102.69 = $441,575 (disposed).
• Reported net proceeds before taxes/fees: ~ $109,056 (proceeds minus exercise cost).
• Footnote: sale prices ranged from $102.6901 to $102.72; detailed breakdown available on request.
• Shares owned after transaction: not disclosed in this filing.
• Transaction types: M = option exercise; S = open-market sale.

Context
This was a same-day exercise-and-sale (often called a cashless exercise), where all exercised shares were sold immediately. Such transactions are commonly used to cover the exercise cost and tax obligations and do not necessarily indicate a change in the director’s long-term view. The filing appears timely under Form 4 rules.