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

Richard A. Dierker, EVP, CFO & Head of Business Operations at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co. Inc., acquired phantom stock on March 7, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Dierker acquired 833.327 shares of phantom stock at a price of $104.12 per share.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the transaction, Dierker beneficially owns 13,391.908 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an executive's acquisition of phantom stock, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• The acquisition of phantom stock by an executive can align their interests with those of shareholders, as the value of the stock is tied to the company's performance.

Key Dates