Form 4: Church & Dwight CEO Acquires Phantom Stock

Church & Dwight Co. Inc. President and CEO Richard A. Dierker acquired 36.406 phantom stock units under a deferred compensation plan.

Summary

• Richard A. Dierker, President and CEO, and a Director of Church & Dwight Co. Inc. (CHD), acquired phantom stock.
• The transaction occurred on January 15, 2026.
• A total of 36.406 phantom stock units were acquired.
• These units were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis but will be settled in cash as prescribed by the plan.
• The price of the derivative security was $90.43 per unit.
• Following this transaction, Dierker directly beneficially owns 15,967.91 derivative securities (phantom stock).

Sentiment

Score: 6

Explanation: The filing reports a routine acquisition of phantom stock by the CEO as part of a deferred compensation plan, indicating continued executive alignment with the company's long-term performance. It does not contain information that would significantly alter sentiment.

Positives

• Acquisition of phantom stock by the CEO indicates continued alignment of management's interests with shareholder value.
• The deferred compensation plan structure suggests a long-term retention strategy for key executives.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction aligns the CEO's interests with shareholders through equity-linked compensation, potentially fostering long-term value creation.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of phantom stock by the CEO as part of a deferred compensation plan. It reflects standard executive compensation practices and does not provide new information that would warrant a change in investment recommendation. The transaction itself is not indicative of significant operational changes or financial performance shifts. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider transaction.

Keywords

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