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., reports the acquisition of phantom stock shares under the company's Deferred Compensation Plan.

Summary

  • On August 15, 2024, Matthew Farrell, the President and CEO of Church & Dwight Co. Inc., reported acquiring phantom stock.
  • The transaction involved 25.836 shares of phantom stock at a price of $99.99.
  • These phantom stock shares, acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan, convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
  • Following the reported transaction, Farrell beneficially owns 106,844.438 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction. The acquisition of phantom stock by the CEO could be interpreted slightly positively, indicating confidence.

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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the CEO's holdings in the company.

Key Dates

DateDescription
08/08/1988Date related to the phantom stock shares.
08/15/2024Date of the transaction where phantom stock was acquired.
08/16/2024Date of signature for the report.

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