Form 4: Church & Dwight CEO Acquires Phantom Stock Under Deferred Compensation Plan

Church & Dwight Co., Inc. President and CEO, Richard A. Dierker, acquired 40.567 phantom stock shares under the company's deferred compensation plan.

Summary

• Richard A. Dierker, President and CEO, and Director of Church & Dwight Co., Inc., acquired 40.567 phantom stock shares.
• The acquisition occurred on July 15, 2025, as part of a transaction under the company's deferred compensation plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• These shares are to be settled in cash at such time as prescribed by the Deferred Compensation Plan.
• The price per phantom stock share was $95.51.
• Following this transaction, Richard A. Dierker directly beneficially owns 15,343.936 derivative securities (phantom stock).

Sentiment

Score: 6

Explanation: Neutral to slightly positive. An executive acquiring shares (even phantom stock) aligns their interests with shareholders, which is generally positive. However, the amount is small relative to total holdings, and it's part of a deferred compensation plan, not an open market purchase, limiting its direct market impact.

Positives

• The acquisition of phantom stock by a key executive (President and CEO) indicates continued alignment of management's interests with shareholder value.
• Participation in a deferred compensation plan suggests a long-term commitment by the executive to the company's performance.

Future Outlook

This Form 4 reports an individual insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance or outlook. The transaction date is in the future, indicating a future vesting or acquisition event under an existing compensation plan.

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation and does not provide broader industry context or trends. It is a standard disclosure for changes in beneficial ownership by company insiders.

Related Party Transactions

• The acquisition of phantom stock by Richard A. Dierker, a director and officer, under the Church & Dwight Co., Inc. Deferred Compensation Plan, represents a standard compensation arrangement between the company and its executive.

Stakeholder Impact

• Shareholders: The executive's increased beneficial ownership (via phantom stock) aligns their interests with shareholders, potentially fostering confidence in management's commitment to the company's long-term success.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• The phantom stock shares are to be settled in cash at such time as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Key Dates

Keywords

Church & Dwight, CHD, Form 4, Insider Transaction, Phantom Stock, Deferred Compensation, Executive Compensation, Beneficial Ownership