Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On June 28, 2024, Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., acquired phantom stock.
- The transaction involved 15.735 shares of phantom stock at a price of $103.68 per share.
- Following the transaction, de Maynadier directly owns 15,192.526 derivative securities.
- The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of an executive's compensation-related stock acquisition, which is common in publicly traded companies. It provides transparency into executive compensation practices.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and ownership structure.
Key Dates
| Date | Description |
|---|---|
| 08/08/1988 | Date of phantom stock |
| 06/28/2024 | Date of the transaction: acquisition of phantom stock |
| 07/01/2024 | Date of signature for the Form 4 filing |
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