Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock

Rick Spann, EVP Chief Supply Chain Officer at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan on February 14, 2025.

Summary

• On February 14, 2025, Rick Spann, the EVP Chief Supply Chain Officer of Church & Dwight Co. Inc., acquired 44.625 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the transaction, Mr. Spann directly owns 19,498.792 shares of Common Stock.
• The price of the phantom stock was $105.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of phantom stock could be interpreted as a positive sign of the executive's confidence in the company, but it's not a major event.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Executive compensation, including phantom stock, is a common practice in publicly traded companies to align management's interests with those of shareholders.

Comparison to Industry Standards

• Executive compensation packages vary widely across the consumer goods industry.
• Companies like Procter & Gamble (PG) and Unilever (UL) also utilize stock-based compensation, including restricted stock units and stock options, to incentivize their executives.
• The specific terms of Church & Dwight's Deferred Compensation Plan would need to be compared to those of its peers to assess its competitiveness.

Key Dates

Keywords

phantom stock, executive compensation, Form 4, Church & Dwight, CHD, Rick Spann, Deferred Compensation Plan, insider trading