Form 4: Church & Dwight CEO Acquires Phantom Stock

Church & Dwight Co. Inc. CEO Richard A. Dierker acquired 46.207 phantom stock shares under the company's deferred compensation plan.

Summary

• Richard A. Dierker, President and CEO, and a Director of Church & Dwight Co. Inc. (CHD), acquired 46.207 phantom stock shares.
• The transaction occurred on December 31, 2025, under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Each phantom stock share was valued at $83.85 at the time of acquisition.
• Phantom stock shares convert to common stock on a 1-for-1 basis but are to be settled in cash as prescribed by the plan.
• Following this transaction, Richard A. Dierker beneficially owns 15,931.504 derivative securities (phantom stock shares).

Sentiment

Score: 7

Explanation: The acquisition of phantom stock by the CEO under a deferred compensation plan is generally viewed positively as it aligns management's interests with shareholders, though it's a routine compensation event rather than a direct market purchase.

Positives

• The acquisition of phantom stock by the CEO aligns management's financial interests with those of shareholders.
• Participation in the deferred compensation plan demonstrates a commitment to long-term incentives and company performance.

Future Outlook

No specific forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This report details a routine executive compensation event, specifically an insider's acquisition of phantom stock under a deferred compensation plan. Such transactions are common across industries as a mechanism for executive incentive and retention, aligning management's long-term interests with company performance.

Related Party Transactions

• The acquisition of phantom stock occurred under the Church & Dwight Co., Inc. Deferred Compensation Plan, which is a standard executive compensation arrangement between the company and its executive.

Stakeholder Impact

• Shareholders may view the CEO's increased phantom stock holdings as a positive sign of management's commitment and alignment with long-term company value.
• Employees are not directly impacted by this specific executive compensation transaction.

Next Steps

• Settlement of the phantom stock shares in cash at such time as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Key Dates

Keywords

Church & Dwight, CHD, Richard A. Dierker, Phantom Stock, Deferred Compensation, Insider Transaction, Executive Compensation, SEC Form 4