A significant insider transaction involving the exercise of company stock options was reported on March 14, by Barry A Bruno, EVP at Church & Dwight Co (NYSE:CHD), as per the latest SEC filing.
What Happened: Bruno, EVP at Church & Dwight Co, made a strategic move by exercising stock options for 9,926 shares of CHD as detailed in a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission. The transaction value amounted to $551,885.
As of Thursday morning, Church & Dwight Co shares are down by 0.19%, with a current price of $105.22. This implies that Bruno's 9,926 shares have a value of $551,885.
About Church & Dwight Co
Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% ...