Form 4: Church & Dwight Co. Inc.: Executive Acquires Phantom Stock
SEC Filing
Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co. Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On August 30, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co. Inc., acquired 45.992 phantom stock shares.
- The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The phantom stock shares convert to common stock on a 1-for-1 basis but are to be settled in cash as prescribed by the Plan.
- The price of the phantom stock was $101.88 per share.
- Following the transaction, Spann directly owns 18,908.485 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.
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
| Date | Description |
|---|---|
| 08/30/2024 | Date of phantom stock acquisition |
| 09/03/2024 | Date of Form 4 filing |
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.