Trust tied to Church & Dwight (NYSE: CHD) director exercises options, sells stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight director Ravichandra Krishnamurty Saligram reported an option exercise and related share sale conducted through a revocable trust. On June 10, 2026, the Ravichandra K Saligram Revocable Trust exercised stock options for 12,960 shares of common stock at an exercise price of $49.62 per share and received the underlying shares. The trust then completed an open-market sale of 12,960 shares of common stock at $98.00 per share, leaving it with 13,652.999 shares after the sale. Separate holdings include 32,500 shares of common stock held indirectly through the Ravichandra Saligram Family Trust, along with several smaller direct share positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,960 shares ($1,270,080)
Net Sell
8 txns
Insider
Saligram Ravichandra Krishnamurty
Role
null
Sold
12,960 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 12,960 | $0.00 | -- |
| Exercise | Common Stock | 12,960 | $49.62 | $643K |
| Sale | Common Stock | 12,960 | $98.00 | $1.27M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct, null);
Common Stock — 26,612.999 shares (Indirect, RAVICHANDRA K SALIGRAM REVOCABLE TRUST);
Common Stock — 920 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 12,960 shares
Sale price: $98.00 per share
Exercise size: 12,960 shares
+4 more
7 metrics
Shares sold
12,960 shares
Open-market sale of common stock on June 10, 2026
Sale price
$98.00 per share
Price for 12,960 common shares sold
Exercise size
12,960 shares
Stock option exercise into common stock
Exercise price
$49.62 per share
Stock option exercise price
Revocable trust holdings
13,652.999 shares
Common stock held after sale in revocable trust
Family trust holdings
32,500 shares
Common stock held indirectly via family trust
Option balance after exercise
0 units
Stock option (12,960 shares) fully exercised
Key Terms
open-market sale, Stock Option (right to buy), derivative exercise/conversion, indirect, +1 more
5 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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
indirect financial
"ownership_type": "indirect""
revocable trust financial
"nature_of_ownership": "RAVICHANDRA K SALIGRAM REVOCABLE TRUST""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transactions did CHD director Ravichandra Saligram report?
He reported an option exercise and related share sale through a revocable trust. The trust acquired 12,960 shares via option exercise and sold 12,960 shares in the open market on June 10, 2026, as disclosed in the Form 4.
At what price were the CHD stock options exercised by the trust?
The trust exercised stock options with an exercise price of $49.62 per share. This exercise covered 12,960 underlying common shares, which were then held briefly before being sold in an open-market transaction also reported in the same Form 4.
Were any stock options remaining after the reported CHD transactions?
The Form 4 shows a stock option covering 12,960 shares being fully exercised, leaving a remaining balance of zero for that option grant. No other derivative positions are listed in the derivative summary, indicating no remaining options in this specific disclosure.