Form 4: Church & Dwight EVP Acquires Phantom Stock

Church & Dwight's EVP of Chief Technology and Global New Products, Carlos G. Linares, acquired 24.318 phantom stock shares under a deferred compensation plan.

Summary

• Carlos G. Linares, Executive Vice President of Chief Technology & Global New Products at Church & Dwight Co. Inc. (CHD), acquired 24.318 shares of phantom stock.
• The transaction date for this acquisition was January 30, 2026.
• The phantom stock was acquired at a price of $96.25 per share.
• These shares were obtained under the Church & Dwight Co., Inc. Deferred Compensation Plan and are designated to be settled in cash as prescribed by the Plan.
• Following this transaction, Mr. Linares directly beneficially owns 17,542.721 shares of phantom stock.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting a routine executive compensation transaction that aligns management's long-term interests with the company's performance, without indicating any significant operational or financial changes.

Positives

• The acquisition of phantom stock by an executive indicates continued participation in the company's long-term incentive plans, aligning executive interests with future company performance.
• The transaction is part of a deferred compensation plan, which is a standard practice to retain and incentivize key management personnel.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on an insider's transaction.

Industry Context

StockSavvy.ai notes that executive deferred compensation plans involving phantom stock are a standard practice across various industries, particularly in consumer goods, to align executive incentives with long-term shareholder value and provide tax-efficient compensation.

Comparison to Industry Standards

• This type of phantom stock acquisition under a deferred compensation plan is a common executive incentive structure, comparable to practices at peer companies in the consumer staples sector such as Procter & Gamble (PG), Colgate-Palmolive (CL), and Kimberly-Clark (KMB), which also utilize various forms of equity-linked compensation and deferred plans for their executives.

Related Party Transactions

• No related party transactions beyond the executive's compensation plan are disclosed in this filing.

Stakeholder Impact

• Shareholders: Minimal direct impact, as it's a routine compensation event. Indirectly, it reinforces executive alignment with long-term company performance.
• Management: The reporting person's long-term compensation is increased, aligning their interests with the company's future.

Key Dates

Keywords

Church & Dwight, CHD, Carlos G. Linares, insider transaction, Form 4, phantom stock, deferred compensation, executive compensation, Rule 10b5-1