Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co. Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On May 15, 2025, Carlen Hooker, the EVP and Chief Commercial Officer of Church & Dwight Co. Inc., acquired 4.691 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- These shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
- Following the transaction, Hooker directly owns 2,409.731 derivative securities.
- The price of the derivative security was $94.56.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Future Outlook
The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It is common for executives to receive stock-based compensation, including phantom stock, as part of their overall remuneration package.
Comparison to Industry Standards
- Executive compensation packages, including phantom stock awards, are common across publicly traded companies.
- Companies like Procter & Gamble (PG) and Colgate-Palmolive (CL) also utilize stock-based compensation as part of their executive pay structures.
- The specific terms of deferred compensation plans and phantom stock arrangements can vary significantly between companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
- It provides transparency into executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of phantom stock acquisition by Carlen Hooker |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
phantom stock, Form 4, Church & Dwight, executive compensation, insider trading, CHD, Deferred Compensation Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.