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

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• On May 31, 2024, Carlen Hooker, EVP, Chief Commercial Officer of Church & Dwight Co. Inc., acquired 11.961 shares of phantom stock.
• The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The price of the phantom stock was $107.01 per share.
• Following the transaction, Hooker directly owns 1,670.554 shares of phantom stock.
• 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 Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock 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 regarding their holdings in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include phantom stock or similar instruments to align executive interests with shareholder value.
• Deferred compensation plans are a common tool used by companies like Church & Dwight to attract and retain top talent.
• The specifics of the plan, such as the conversion ratio and settlement terms, are typical for these types of arrangements.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an executive's compensation and alignment with company performance.

Key Dates