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

Matthew Farrell, President and CEO of Church & Dwight Co. Inc., reported the acquisition of phantom stock shares convertible to common stock, according to a Form 4 filing with the SEC.

Summary

• Matthew Farrell, the President and CEO of Church & Dwight Co. Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 25.432 shares of phantom stock on April 15, 2024, at a price of $101.58 per share.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Following the reported transaction, Farrell beneficially owns 106,364.192 shares of common stock.
• The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard reporting of stock acquisition. The CEO's acquisition of phantom stock could be interpreted slightly positively, but it's primarily an informational filing.

Positives

• The acquisition of phantom stock by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency regarding executive compensation and stock ownership.

Key Dates