Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Barry A. Bruno, EVP and Chief Marketing Officer at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On April 1, 2024, Barry A. Bruno, EVP and Chief Marketing Officer of Church & Dwight Co. Inc., acquired 5.156 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, Mr. Bruno directly owns 431.147 derivative securities.
- The price of the derivative security is $105.02.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom stock shares are to 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 minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Barry A. Bruno acquired phantom stock. |
| 04/02/2024 | Date of signature: Form 4 signed by Cristina Paradiso, attorney-in-fact. |
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