Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
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 July 31, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc., acquired 4.596 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 $98.01 per share.
- These shares are to be settled in cash as prescribed by the Plan.
- Following the transaction, Buchert directly owns 470.834 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving compensation in the form of equity or equity-like instruments. It provides transparency into executive holdings and aligns their interests with shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of phantom stock transaction |
| 08/01/2024 | Date of Form 4 filing |
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