Church & Dwight insider grant: 750 RSUs and $93.16 strike option disclosed
Rhea-AI Filing Summary
Mark J. Magazine, Executive Vice President and Chief Commercial Officer of Church & Dwight Co., Inc. (CHD), reported equity awards and an option grant on Form 4. On 09/01/2025 he was granted 750 restricted stock units (RSUs) priced at $93.16 that vest in three annual installments beginning 09/01/2026 and convert 1-for-1 to common shares upon vesting contingent on continued employment. The filing also reports previously granted RSUs with scheduled vesting dates in 2024–2026 and a stock option granted 09/01/2025 for 7,890 shares with an exercise price of $93.16, exercisable 09/01/2028 and expiring 09/01/2035. The Form is signed by an attorney-in-fact on 09/02/2025.
Positive
- Time-based RSU awards and a long-dated option align the reporting person’s incentives with long-term shareholder value
- Vesting schedules are multi-year and contingent on continued employment, supporting retention objectives
Negative
- Grants are employment-based rather than performance-based, offering less direct linkage to measurable company performance
- Potential dilution from 7,890-option shares and multiple RSU grants could increase share count if fully vested/exercised
Insights
TL;DR: Typical executive equity grants align long-term incentives via RSUs and stock options tied to multi-year vesting.
The filing details customary compensation actions: time-based RSUs with staggered vesting and a long-dated stock option with a $93.16 strike. These instruments are standard for retaining senior executives and aligning interests with shareholders over multi-year horizons. The vesting contingencies are employment-based rather than performance-based, which matters for incentive alignment. No dispositions, sales, or unusual hedging arrangements are reported.
TL;DR: The disclosure shows an executive received equity and options; impact on share count and dilution appears modest relative to company scale.
The option covering 7,890 shares and the new 750 RSUs increase potential share-based dilution if fully exercised/vested. Reported prior RSUs with upcoming conversion dates indicate additional potential short-term share issuance as those units vest. The document does not disclose total outstanding shares, so quantitative dilution cannot be calculated from this filing alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 7,890 | $93.16 | $735K |
| Grant/Award | Common Stock | 750 | $93.16 | $70K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") granted on September 1, 2025. The RSUs will vest in 3 annual installments beginning September 1, 2026, and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date. Represents restricted stock units ("RSUs") granted on January 15, 2021. The RSUs will vest on December 1, 2025 and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date. Represents restricted stock units ("RSUs") granted on March 1, 2023. The RSUs will vest in 1 year beginning March 1, 2026, and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date. Represents restricted stock units ("RSUs") granted on March 1, 2023. The RSUs will vest in 3 annual installments beginning March 21, 2024, and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date. Represents restricted stock units ("RSUs") granted on March 1, 2024. The RSUs will vest in 3 annual installments beginning March 1, 2025, and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date. Represents restricted stock units ("RSUs") granted on March 3, 2025. The RSUs will vest in 3 annual installments beginning March 3, 2026, and convert to shares of common stock of the Issuer on a 1-for-1 basis upon vesting, subject to the reporting person's continuous employment until the applicable vesting date.
