Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On April 15, 2024, Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., acquired 16.061 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 $101.58 per share.
- Following the transaction, Mr. de Maynadier beneficially owns 15,076.103 shares of phantom stock directly.
- 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. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and a deferred compensation plan.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of phantom stock acquisition |
| 04/16/2024 | Date of signature |
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