Form 4: Church & Dwight CEO Matthew Farrell Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Matthew Farrell, President and CEO of Church & Dwight Co. Inc., reports acquiring phantom stock under the company's Deferred Compensation Plan.
Summary
- On April 15, 2025, Matthew Farrell, the President and CEO of Church & Dwight Co. Inc., acquired 2.235 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- These shares are to be settled in cash as prescribed by the Plan.
- The price of the phantom stock is $105.07.
- Following the transaction, Farrell directly owns 110,050.027 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating an insider transaction related to compensation. It doesn't inherently suggest positive or negative implications for the company's performance.
Positives
- The acquisition of phantom stock by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements, but the acquisition of phantom stock suggests continued participation in the company's compensation plans.
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 participation in the company's deferred compensation plan, which is a common practice among publicly traded companies.
Comparison to Industry Standards
- Deferred compensation plans are a common practice among publicly traded companies, often used to align executive compensation with long-term company performance.
- The specifics of Church & Dwight's plan (cash settlement, 1-for-1 conversion) are typical features of such plans.
- Comparing the amount of phantom stock acquired and the CEO's total holdings to those of peers would require further research into executive compensation practices at comparable companies like Procter & Gamble (PG) or Unilever (UL).
Stakeholder Impact
- The acquisition of phantom stock by the CEO could have a minor positive impact on shareholder sentiment, as it signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 08/08/1988 | Date related to the phantom stock, possibly the inception date of the plan. |
| 04/15/2025 | Date of the transaction where Matthew Farrell acquired phantom stock. |
| 04/16/2025 | Date of the signature on the Form 4 filing. |
Keywords
Form 4, Matthew Farrell, Church & Dwight, Phantom Stock, Deferred Compensation Plan, CHD, CEO
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