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.

Summary

• On May 31, 2024, Rick Spann, EVP Chief Supply Chain Officer of Church & Dwight Co. Inc., acquired 43.787 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 price of the phantom stock was $107.01 per share.
• Following the transaction, Spann directly owns 18,583.783 shares of common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of insider transactions, which are common among publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include phantom stock or similar deferred compensation plans to align executive interests with long-term company performance.
• Companies like Procter & Gamble (PG) and Unilever (UL) also utilize various forms of equity-based compensation for their executives.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
• It assures stakeholders that executives have a vested interest in the company's success.

Key Dates