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

Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., reports acquisition of phantom stock under the company's Deferred Compensation Plan.

Summary

• Patrick de Maynadier, an executive at Church & Dwight Co. Inc., filed a Form 4 disclosing a transaction involving phantom stock.
• On October 15, 2024, Mr. de Maynadier acquired 15.634 shares of phantom stock under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• 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 reported transaction, Mr. de Maynadier beneficially owns 15,354.529 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Positives

• The acquisition of phantom stock aligns the executive's interests with the company's performance.
• The Deferred Compensation Plan provides a mechanism for long-term incentive compensation.

Future Outlook

The phantom stock will be settled in cash at a future date as prescribed by the Deferred Compensation Plan.

Industry Context

Executive compensation packages often include phantom stock or similar instruments to align management's interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning executive compensation with company performance.

Key Dates