Church & Dwight (NYSE: CHD) EVP uses stock to cover vesting taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight executive Surabhi Pokhriyal, EVP and Chief Digital Growth Officer, reported several tax-withholding share dispositions rather than open-market sales. On Common Stock awards vesting, the company withheld blocks of shares, including 249 and 103 shares at $104.86 per share, to cover related tax obligations on vested RSUs and PSUs. Following these transactions, direct holdings disclosures include 1,620 and 420 shares of Common Stock, plus 31.907 shares held indirectly through a Savings and Profit Sharing plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Pokhriyal Surabhi
Role
EVP Chief Digital Growth Offic
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32 | $104.86 | $3K |
| Tax Withholding | Common Stock | 103 | $104.86 | $11K |
| Tax Withholding | Common Stock | 29 | $104.86 | $3K |
| Tax Withholding | Common Stock | 249 | $104.86 | $26K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,059 shares (Direct);
Common Stock — 31.907 shares (Indirect, Savings and Profit Sharing)
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. Represents shares of common stock withheld to satisfy certain tax obligations in connection with the time-based vesting of previously reported performance stock units ("PSUs").
FAQ
What did Church & Dwight (CHD) EVP Surabhi Pokhriyal report on this Form 4?
Surabhi Pokhriyal reported tax-withholding share dispositions, not open-market trades. The company withheld Common Stock when previously granted RSUs and PSUs vested, using shares to satisfy associated tax obligations instead of cash payment by the executive.
Were Surabhi Pokhriyal’s Church & Dwight (CHD) Form 4 transactions open-market sales?
No, the Form 4 describes code F transactions, which are tax-withholding dispositions. Footnotes explain shares were withheld to satisfy tax obligations from vesting RSUs and PSUs, so they are administrative in nature rather than discretionary open-market sales.
What types of equity awards are involved in this Church & Dwight (CHD) Form 4?
The filing references previously reported restricted stock units (RSUs) and performance stock units (PSUs). As these awards time-vested, shares of Common Stock were issued and a portion was withheld to cover the resulting income tax obligations tied to those equity awards.
How is indirect ownership reported for Church & Dwight (CHD) in this Form 4?
Indirect ownership appears in a separate line showing 31.907 Common Stock shares. The nature of this ownership is identified as “Savings and Profit Sharing,” indicating the position is held through a company-related savings or profit-sharing plan rather than in a personal brokerage account.