Form 4: Church & Dwight CEO Richard Dierker Acquires Phantom Stock as Part of Deferred Compensation

Richard A. Dierker, President and CEO of Church & Dwight Co., Inc., acquired 40.313 phantom stock shares as part of the company's deferred compensation plan.

Summary

• Richard A. Dierker, who serves as Director, President, and CEO of Church & Dwight Co., Inc. (CHD), acquired 40.313 phantom stock shares.
• The transaction occurred on June 30, 2025, with the phantom stock valued at $96.11 per share.
• These phantom stock shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis.
• The shares are to be settled in cash at a time prescribed by the Deferred Compensation Plan.
• Following this transaction, Richard A. Dierker beneficially owns a total of 15,303.369 phantom stock shares.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it reflects ongoing executive compensation and alignment of interests, but it is a routine transaction rather than a discretionary open-market purchase.

Positives

• The acquisition of phantom stock by the CEO aligns management's interests with shareholder value, as the value of the phantom stock is tied to the company's common stock performance.
• Participation in the deferred compensation plan indicates a commitment by the executive to the company's long-term success.

Future Outlook

The document does not provide any forward-looking statements or guidance beyond the details of the reported transaction.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, which is common across various industries for publicly traded companies. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

• The acquisition of phantom stock by Richard A. Dierker, the President and CEO, is a related party transaction as it involves a key executive of the company.

Stakeholder Impact

• Shareholders: The transaction aligns the CEO's financial interests with the company's performance, potentially benefiting shareholders through improved long-term strategic decisions.
• Employees: The deferred compensation plan structure may serve as a model for executive incentives, potentially influencing broader compensation strategies within the company.

Key Dates

Keywords

Church & Dwight, CHD, SEC Form 4, insider transaction, phantom stock, deferred compensation, executive compensation, Richard A. Dierker