This insider cluster is routine and non-informative. The sales are mechanically tied to option exercises, not a bearish view on the business. Monitor the next 10-Q for any fundamental changes, but this filing alone does not warrant a trading response.
Price Chart
Executive Summary
Two C-suite executives at Church & Dwight (EVP Chief Tech and EVP Chief HR Officer) sold a combined $2.09M in open-market shares over a 3-day window. The sales are tied to derivative exercises (non-cash events), and the total value represents ~0.009% of the company's $24.4B market cap — a trivial amount. This is a routine cluster driven by option vesting and tax planning, not a bearish signal. The historical calibration shows prior neutral-to-low-score calls on CHD have had mixed outcomes, and the proportionality check confirms no material insider concern.
Key Financial Metrics
Key Facts
- Two EVPs sold a total of $2.09M in open-market shares (Linares: $1.58M, Hemsey: $511K).
- All sales were paired with derivative exercises at $0 or $50.28 strike prices — typical cashless exercise-and-sell pattern.
- Total sales represent ~0.009% of CHD's $24.4B market cap, well below the 0.1% threshold for materiality.
- No C-suite cluster buying was present; the net direction is selling, but the dollar amount is trivial.
- The cluster occurred within a 3-day window (Aug 24-26), consistent with a shared blackout-window opening or vesting schedule.
Financial Impact
Total insider sales of $2.09M, representing ~0.009% of market cap — immaterial.
Risk Factors
- Insider sales could be misinterpreted as bearish by retail traders.
- No fundamental risk to CHD from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CHD-1787832090392 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $102.37 $95.33 | ▼ −6.88% | ▼ −6.37% | $94.31 (−7.87%) |
Aug 27, 2026 5w ago | Insider Cluster | $102.37 $95.33 | ▼ −6.88% | ▼ −6.37% | $94.31 (−7.87%) |
Aug 27, 2026 5w ago | Insider Cluster | $102.37 $95.33 | ▼ −6.88% | ▼ −6.37% | $94.31 (−7.87%) |
Aug 27, 2026 5w ago | Insider Cluster | $102.37 $95.33 | ▼ −6.88% | ▼ −6.78% | $94.31 (−7.87%) |
Aug 26, 2026 5w ago | Insider Cluster | $102.86 $95.49 | ▼ −7.17% | ▼ −8.37% | $94.31 (−8.31%) |
Aug 12, 2026 7w ago | Insider Cluster | $101.24 $93.94 | ▼ −7.21% | ▼ −5.31% | $94.31 (−6.85%) |
Jul 31, 2026 9w ago | 8-K | $98.81 $101.26 | ▲ +2.48% | ▼ −0.51% | $94.31 (−4.55%) |
Jun 17, 2026 15w ago | Insider Cluster | $97.41 $99.12 | ▲ +1.76% | ▲ +0.44% | $94.31 (−3.18%) |
Jun 12, 2026 16w ago | Insider Cluster | $97.56 $96.36 | ▼ −1.23% | ▼ −3.01% | $94.31 (−3.33%) |
Jun 12, 2026 16w ago | Insider Cluster | $97.56 $96.36 | ▼ −1.23% | ▼ −3.01% | $94.31 (−3.33%) |
US Market Status
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