Church & Dwight CEO Richard Dierker Sells $9.1 Million of Stock After Exercising Options
Church & Dwight CEO Richard Dierker exercised stock options and sold the resulting 83,340 shares for $9,133,047, according to a Form 4 filed Wednesday.
The sale took place Nov. 3, 2026, at a weighted average price of $109.5878 per share, with individual prices ranging from $109.03 to $110.162, the filing shows. Dierker, who is president, CEO and a director of the consumer products company, acquired the shares by exercising options with a strike price of $84.85 that were set to expire in June 2032.
What he still holds
After the sale, Dierker directly held 38,658.846 shares in the reported account, plus smaller direct holdings of 1,401, 1,674 and 5,282 shares and 1,003.7289 shares held indirectly through the company's savings and profit sharing plan, according to the filing.
The filing does not indicate that the trade was made under a prearranged Rule 10b5-1 trading plan.
Why it matters
Exercising options and selling the shares immediately is a common way for executives to realize compensation, and it does not necessarily signal a view on the stock. Still, investors often watch sales by top executives closely, particularly when they are sizable relative to the executive's remaining holdings.
The transaction reduced the CEO's direct holdings in the main account from 121,998.846 shares after the exercise to 38,658.846 shares.
The sale came after the company filed earlier notices of proposed sales under Rule 144 on Nov. 2 and Nov. 3.
By the numbers
- Shares sold: 83,340
- Sale value: $9,133,047
- Weighted average price: $109.5878
- Option strike price: $84.85
- Shares held after sale in main account: 38,658.846
Sources
- Church & Dwight Form 4 for Richard A. Dierker, filed Nov. 4, 2026 (accession 0000313927-26-000344)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
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