Form 4: Church & Dwight Co. Inc. Executive Acquires Phantom Stock
SEC Form 4 Filing
Carlos G. Linares, EVP Chief Tech & Global New Prod at Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On July 15, 2024, Carlos G. Linares, EVP Chief Tech & Global New Prod at Church & Dwight Co. Inc., acquired 22.246 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 $101.18 per share.
- Following the transaction, Linares beneficially owns 16,089.166 shares of phantom stock.
- The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Future Outlook
The phantom stock will 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 awards, is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of phantom stock acquisition |
| 07/16/2024 | Date of signature for the 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.