Form 4: Church & Dwight EVP Acquires Phantom Stock

Brian D. Buchert, EVP of Strategy, M&A, and BP at Church & Dwight Co. Inc., acquired 5.349 phantom stock shares under a deferred compensation plan.

Summary

• Brian D. Buchert, Executive Vice President of Strategy, M&A, and Business Planning at Church & Dwight Co. Inc. (CHD), reported an acquisition of phantom stock.
• The transaction involved 5.349 phantom stock shares.
• The phantom stock was acquired on September 30, 2025, at a price of $87.63 per share.
• These shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Following this transaction, Mr. Buchert beneficially owns 589.01 derivative securities (phantom stock).
• The phantom stock shares convert to common stock on a 1-for-1 basis but are to be settled in cash as prescribed by the Plan.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation transaction, which is generally viewed as a neutral to slightly positive event, indicating executive alignment with company performance through equity-linked incentives.

Positives

• The acquisition of phantom stock by a key executive, Brian D. Buchert, aligns his interests with those of shareholders, as the value of these shares is tied to the company's common stock performance.
• Participation in the deferred compensation plan indicates a structured approach to executive incentives and retention.

Future Outlook

The acquired phantom stock shares are intended to be settled in cash at a future time, as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This transaction represents a routine executive compensation event, common across publicly traded companies, where executives receive equity-linked incentives to align their performance with shareholder value. Deferred compensation plans are a standard component of executive remuneration packages in the consumer staples industry, aiming to retain key talent and foster long-term commitment.

Corporate Governance

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of executive interests with shareholder value through equity-linked compensation.
• Employees: Reflects the company's established compensation practices for its senior leadership.

Next Steps

• The phantom stock shares will be settled in cash at a future date, as determined by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Key Dates

Keywords

Church & Dwight, CHD, Brian D. Buchert, Phantom Stock, Insider Transaction, SEC Form 4, Executive Compensation, Deferred Compensation Plan, Derivative Securities