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

Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• On September 30, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired 4.303 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 $104.72 per share.
• These shares are to be settled in cash as prescribed by the Plan.
• Following the transaction, Buchert directly owns 489.676 derivative securities.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting a transaction. The acquisition of phantom stock by an executive could be interpreted as a mildly positive signal, indicating confidence in the company's future.

Positives

• The acquisition of phantom stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The phantom stock shares are to be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

Executive compensation, including phantom stock, is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of phantom stock by an executive can have a minor positive impact on shareholder sentiment.

Key Dates