Form 4: Church & Dwight CEO Acquires Phantom Stock Under Deferred Compensation Plan
SEC Form 4 Filing
Matthew Farrell, President and CEO of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On March 7, 2024, Matthew Farrell, the President and CEO of Church & Dwight Co., Inc., acquired 1,687.537 shares of phantom stock.
- The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
- The price of the derivative security was $104.12.
- Following the transaction, Farrell directly owns 106,289.403 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. It doesn't indicate any significant positive or negative implications for the company.
Positives
- The acquisition of phantom stock by the CEO demonstrates his continued investment in the company's future.
Future Outlook
The phantom stock shares will be settled in cash at a future date as prescribed by the Deferred Compensation Plan.
Industry Context
This filing is a routine disclosure related to executive compensation and is common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 08/08/1988 | Date related to the phantom stock shares. |
| 03/07/2024 | Date of the transaction where phantom stock was acquired. |
| 03/08/2024 | Date of signature for the Form 4 filing. |
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