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 July 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 26.358 phantom stock shares were acquired at a price of $98.01 per share.
  • These phantom stock shares will be settled in cash as prescribed by the Plan.
  • Following the transaction, Farrell directly owns 106,818.602 shares of common stock.
  • The phantom stock shares convert to common stock on a 1-for-1 basis.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects routine insider activity, indicating confidence from the CEO, but doesn't suggest any major positive or negative developments for the company.

Positives

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

Future Outlook

The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation and does not significantly alter the company's financial position.

Key Dates

DateDescription
08/08/1988Date listed on the form, likely a placeholder or irrelevant date.
07/31/2024Date of the transaction: Matthew Farrell acquired phantom stock shares.
08/01/2024Date of signature on the Form 4 filing.

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