Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On June 14, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired 4.183 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- These shares are to be settled in cash as prescribed by the Plan.
- The phantom stock shares convert to common stock on a 1-for-1 basis.
Sentiment
Score: 6
Explanation: The document is a routine filing related to executive compensation. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.
Positives
- The acquisition of phantom stock by an executive may indicate confidence in the company's future performance.
Industry Context
Executive compensation packages often include phantom stock to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of phantom stock by an executive could be viewed positively by shareholders as it aligns management's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of phantom stock acquisition |
| 06/17/2024 | Date of signature on the Form 4 filing |
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