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 under the company's Deferred Compensation Plan.
Summary
- On May 15, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired 4.203 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.
- Following the transaction, Buchert directly owns 447.862 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Future Outlook
The phantom stock shares will be settled in cash at a time prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
This filing is a routine disclosure of executive compensation in the form of phantom stock, which is a common practice among publicly traded companies to incentivize and retain key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and alignment of interests.
- The transaction impacts the executive, Brian D. Buchert, through deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of phantom stock acquisition |
| 05/17/2024 | Date of signature on the form |
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