Linares Carlos G.

Linares Carlos G., Executive Vice President and Chief Technology & Global New Products officer at Church & Dwight (CHD), has filed 74 Form 4 transactions in the company, but the pattern is overwhelmingly one-way: sales and compensation-driven acquisitions, with zero open-market purchases. Across all filings, his total sell value reached $9,004,722.83, while his acquired value—almost entirely from grants and option exercises—totaled $485,408.04. The most recent open-market sale came on June 16, 2026, when he disposed of CHD shares worth $997,067, paired with an option exercise of $502,800 on the same day. That exercise-and-sell pairing is a classic liquidity move: the exercise adds shares, and the sale converts them to cash, but it does not reflect a discretionary purchase. The rest of his recent activity is dominated by recurring "A" code grants, which are compensation awards, not purchases. These appear on a near-monthly cadence—$2,611.45 on July 31, 2026, $1,899.28 on July 15, $2,611.47 on March 31, and a cluster of small awards in February and March—alongside "F" code transactions, which are shares withheld to cover taxes. For example, on March 1, 2026, three separate "F" transactions totaled roughly $81,154, and on March 3 another $7,314 was withheld. These are automatic, not discretionary, and they reduce his holdings only to satisfy tax obligations. The June 16 sale stands out as the only "S" (open-market sale) in his recent history, and it dwarfs the small grant values that surround it. The data shows a clear directional bias: Linares is a seller of CHD stock, not a buyer. His "P" (purchase) count is zero, and his "S" count is one in the recent window. The compensation structure—regular grants, option exercises, and tax withholdings—keeps his holdings in flux, but the only voluntary market action is a $997,067 sale. There is no evidence of accumulation or conviction buying; the pattern is consistent with an executive monetizing equity compensation rather than adding to his position.