Form 4: Church & Dwight Co. Inc. Executive Carlos G. Linares Reports Changes in Beneficial Ownership

Carlos G. Linares, EVP Chief Tech&Global New Prod at Church & Dwight Co. Inc., reports acquisition of phantom stock units convertible to common stock under the company's Deferred Compensation Plan.

Summary

• Carlos G. Linares, an executive at Church & Dwight Co. Inc., filed a Form 4 with the SEC.
• The filing reports a transaction involving phantom stock acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan on March 15, 2024.
• Linares acquired 7,164.784 phantom stock units, which convert to common stock on a 1-for-1 basis and are to be settled in cash.
• The price of the phantom stock was $104.34 per unit.
• Following the reported transaction, Linares directly owns 15,875.605 shares of common stock and indirectly owns 7,164.784 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of phantom stock indicates continued alignment of executive compensation with company performance.

Industry Context

Executive compensation packages often include phantom stock or similar instruments to incentivize long-term performance and align executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates