Tax withholding of CHD shares by Church & Dwight (NYSE: CHD) EVP Read
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight (CHD) executive Michael Read reported a small tax-related share disposition. As EVP, International, he had 123 shares of common stock withheld on March 3, 2026 at $103.02 per share to cover tax obligations tied to vesting restricted stock units. The filing notes these shares were not sold in the open market but used to satisfy withholding requirements as previously granted RSUs vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Read Michael
Role
EVP, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 123 | $103.02 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 567 shares (Direct);
Common Stock — 1,400 shares (Indirect, by Spouse Registered Pension Plan)
Footnotes (1)
- Represents shares of common stock withheld to satisfy certain tax obligations in connection with the vesting of previously reported restricted stock units ("RSUs"). Includes previously granted RSUs as well as shares received upon the vesting of the RSUs.
FAQ
What insider transaction did CHD executive Michael Read report on this Form 4?
Michael Read reported a tax-related share disposition. 123 shares of Church & Dwight common stock were withheld on March 3, 2026 at $103.02 per share to satisfy tax obligations from vesting restricted stock units, rather than an open-market sale.
Was the Michael Read Form 4 for CHD an open-market stock sale?
No, it was not an open-market sale. The Form 4 shows 123 shares of Church & Dwight stock were withheld to cover taxes when previously granted restricted stock units vested, according to the filing’s transaction code F and explanatory footnote.
What does transaction code F mean in the CHD Form 4 for Michael Read?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 123 Church & Dwight shares were withheld to cover tax obligations triggered by the vesting of earlier reported restricted stock units, not a discretionary sale.
What role does Michael Read hold at Church & Dwight in this Form 4 filing?
Michael Read is identified as an officer of Church & Dwight, serving as EVP, International. The Form 4 reflects his position while detailing a small tax-withholding disposition of shares connected to the vesting of previously granted restricted stock units.
Does the Michael Read Form 4 for CHD mention restricted stock units (RSUs)?
Yes. A footnote explains the 123 withheld shares represent stock used to satisfy tax obligations from the vesting of previously reported RSUs. Another footnote notes his holdings include previously granted RSUs and shares received upon their vesting.