Church & Dwight director exercises, sells 7,000 shares
Church & Dwight director Penry W. Price reported an option exercise and related share sale.
Rhea-AI Filing Summary
Church & Dwight director Penry W. Price reported an option exercise and related share sale. He exercised options for 7,000 shares of common stock at an exercise price of $49.62 per share, converting them from a stock option granted earlier.
He then sold 7,000 shares of common stock in an open-market transaction at a weighted average price of $100.582 per share, with actual prices ranging from $100.5545 to $100.605. Following these transactions, he directly owns 30,070 shares of Church & Dwight common stock and 5,960 stock options remain outstanding after the exercise.
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Insights
Director executed a routine exercise-and-sell of 7,000 shares.
Director Penry W. Price exercised options for 7,000 shares at an exercise price of $49.62 and sold the same number of shares at a weighted average of $100.582. This is a classic exercise-and-sell pattern, turning an equity award into cash.
After the transactions, he still holds 30,070 common shares directly, and 5,960 options remain outstanding, so a meaningful equity stake is retained. The filing describes a net-sell of 7,000 shares overall, but the scale appears routine for an equity-compensation event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 7,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,000 | $49.62 | $347K |
| Sale | Common Stock | 7,000 | $100.582 | $704K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price in Column 4 is a weighted average price. The prices actually paid in this transaction range from $100.5545 to $100.605. Detailed information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.
FAQ
What insider transactions did Church & Dwight (CHD) director Penry W. Price report?
What type of insider transaction pattern does the Church & Dwight (CHD) Form 4 show?
Did Penry W. Price’s Church & Dwight (CHD) sale use a weighted average price?
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