Director Price Penry W sold 14,660 shares (14.7K) of CHD at $93.13 for $1.4M; holdings cut 35.2% to 27.0K shares.
Director Price Penry W executed a substantial reduction in CHD holdings, selling 14,660 shares at $93.13 and bringing his remaining position from 41,703 shares to 27,043 shares—a 35.2% decrease in stake. The transaction occurred at $93.13, while the current stock price stands at $91.57, down 10.2% over the past 30 days and 12.8% over 90 days from a 52-week high of $113.20. This sale represents a significant portfolio concentration decision by a director at a company with a P/E of 38.97 and $22.6B market capitalization. The magnitude of the holding reduction—more than one-third of his prior position—combined with the recent weakness in the stock price merits investor attention to whether this reflects broader operational or valuation concerns.