Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Carlos G. Linares, EVP Chief Tech & Global New Prod at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- Carlos G. Linares, an executive at Church & Dwight Co. Inc., acquired 20.863 shares of phantom stock on April 30, 2024.
- The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
- The price of the phantom stock was $107.89 per share.
- Following the transaction, Linares beneficially owns 15,940.061 shares of common stock.
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
Executive compensation practices are common across publicly traded companies to align management's interests with those of shareholders. Phantom stock plans are a part of this.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of phantom stock acquisition |
| 05/01/2024 | Date of Form 4 filing |
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