Form 4: Church & Dwight CEO Matthew Farrell Reports Acquisition of Phantom Stock

Sentiment:

SEC Form 4 Filing


Matthew Farrell, President and CEO of Church & Dwight Co., Inc., reported the acquisition of phantom stock shares under the company's Deferred Compensation Plan.

Summary

  • On October 31, 2024, Matthew Farrell, the President and CEO of Church & Dwight Co., Inc., acquired phantom stock shares.
  • The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • A total of 25.856 phantom stock shares were acquired at a price of $99.91 per share.
  • These phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
  • Following the transaction, Farrell directly owns 107,257.846 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects insider confidence through stock acquisition, but it's a routine transaction.

Positives

  • The acquisition of phantom stock by the CEO demonstrates his continued investment in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's continued investment in the company.

Stakeholder Impact

  • The acquisition of phantom stock by the CEO could be viewed positively by shareholders as it signals confidence in the company's future performance.

Key Dates

DateDescription
08/08/1988Date listed on the form related to the phantom stock.
10/31/2024Date of the transaction where Matthew Farrell acquired phantom stock shares.
11/01/2024Date of the signature on the Form 4 filing.

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