Form 4: Church & Dwight Co. Inc. Executive Reports Acquisition of Phantom Stock

Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., reports the acquisition of phantom stock under the company's Deferred Compensation Plan.

Summary

• Patrick de Maynadier, an executive at Church & Dwight Co. Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 15.636 shares of phantom stock on March 15, 2024, at a price of $104.34 per share.
• These shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Following the transaction, Mr. de Maynadier beneficially owns 13,852.101 shares of common stock.
• The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.

Sentiment

Score: 5

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

Positives

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

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, which is a common practice among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom stock acquired under a deferred compensation plan.

Key Dates