Director at Church & Dwight (NYSE: CHD) sells shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight director Penry W. Price exercised stock options and sold the resulting shares. On May 13, 2026, he exercised options to acquire 5,960 shares of common stock at $49.62 per share, then sold 5,960 shares in an open-market transaction at a weighted average price of $94.8566 per share.
After these transactions, Price directly owned 30,070 shares of Church & Dwight common stock. A footnote explains that the sale price is a weighted average, with individual sale prices ranging from $94.8015 to $94.875, and detailed breakdowns are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,960 shares ($565,345)
Net Sell
5 txns
Insider
Price Penry W
Role
null
Sold
5,960 shs ($565K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 5,960 | $0.00 | -- |
| Exercise | Common Stock | 5,960 | $49.62 | $296K |
| Sale | Common Stock | 5,960 | $94.8566 | $565K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct, null);
Common Stock — 36,030 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,960 shares
Sale price (weighted average): $94.8566 per share
Option exercise price: $49.62 per share
+3 more
6 metrics
Shares sold
5,960 shares
Open-market sale of common stock on May 13, 2026
Sale price (weighted average)
$94.8566 per share
Price for 5,960 common shares sold
Option exercise price
$49.62 per share
Exercise price for 5,960 stock options converted to common stock
Shares owned after transactions
30,070 shares
Directly owned Church & Dwight common stock post-transaction
Sale price range
$94.8015–$94.875 per share
Range of individual trade prices noted in footnote
Exercised options
5,960 options
Stock options exercised into common shares on May 13, 2026
Key Terms
open-market sale, Stock Option (right to buy), derivative security, weighted average price
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did CHURCH & DWIGHT (CHD) report for Penry W. Price?
Church & Dwight reported that director Penry W. Price exercised stock options for 5,960 common shares and sold 5,960 shares in an open-market transaction. These moves were disclosed in a Form 4 insider trading report filed with the SEC.
Did Penry W. Price exercise stock options in the latest CHD Form 4 filing?
Yes. Penry W. Price exercised stock options covering 5,960 shares of Church & Dwight common stock at an exercise price of $49.62 per share. The exercised options converted into common shares, which were then sold in the reported open-market transaction.
What does the weighted average price mean in the CHD insider sale disclosure?
The weighted average price of $94.8566 reflects multiple trades executed at prices between $94.8015 and $94.875. Instead of listing each individual trade, the Form 4 provides this average and notes that detailed trade data is available upon request.