Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Richard A. Dierker, EVP, CFO & Head of Business Operations at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- Richard A. Dierker, an executive at Church & Dwight Co. Inc., filed a Form 4 indicating a change in beneficial ownership.
- The transaction occurred on February 28, 2025.
- Dierker acquired 20.011 shares of phantom stock under the Church & Dwight Co., Inc. Deferred Compensation Plan at a price of $111.2.
- Following the transaction, Dierker beneficially owns 14,085.9834 shares of common stock.
- The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
Sentiment
Score: 6
Explanation: The document itself is neutral, simply reporting a transaction. The acquisition of phantom stock by an executive could be interpreted as a mildly positive signal.
Positives
- The acquisition of phantom stock by an executive could be seen as a positive sign of confidence in the company's future performance.
Future Outlook
The phantom stock shares are to be settled in cash at such time as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
Executive compensation, including phantom stock, is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of phantom stock by a key executive could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of phantom stock acquisition |
| 03/03/2025 | Date of Form 4 filing |
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