Form 4: Church & Dwight CEO Richard Dierker Acquires Phantom Stock

Richard A. Dierker, President and CEO of Church & Dwight Co., Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• Richard A. Dierker, the President and CEO of Church & Dwight Co., Inc., filed a Form 4 indicating a change in beneficial ownership.
• The transaction involved the acquisition of 40.973 phantom stock shares on May 15, 2025, at a price of $94.56 per share.
• These phantom stock shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan and will be settled in cash as prescribed by the Plan.
• Following the reported transaction, Dierker beneficially owns 15,138.647 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. It's neither overwhelmingly positive nor negative.

Positives

• The acquisition of phantom stock by the CEO demonstrates participation in the company's Deferred Compensation Plan.
• The CEO's increased stake in the company, even in phantom stock form, could be seen as a positive signal.

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

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the CEO's participation in a deferred compensation plan, which is a common practice among publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans are a common component of executive compensation packages in publicly traded companies like Church & Dwight.
• Companies such as Procter & Gamble (PG) and Unilever (UL) also utilize deferred compensation plans for their executives.
• The specific terms and conditions of these plans vary, but the general purpose is to align executive interests with long-term shareholder value.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency into executive compensation practices.

Key Dates

Keywords

Form 4, Richard Dierker, Church & Dwight, CHD, Phantom Stock, Deferred Compensation Plan, Beneficial Ownership, CEO