Form 4: Church & Dwight EVP Acquires Phantom Stock

Church & Dwight's EVP of Strategy, M&A, and BP, Brian D. Buchert, acquired 5.426 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), acquired 5.426 phantom stock shares.
• The transaction occurred on October 15, 2025, as part of the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Each phantom stock share converts to common stock on a 1-for-1 basis.
• The phantom stock shares are to be settled in cash at a time prescribed by the Plan.
• The price of the derivative security at the time of acquisition was $86.38 per share.
• Following this transaction, Brian D. Buchert beneficially owns 594.436 phantom stock shares directly.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation transaction, which is generally neutral but can be seen as slightly positive due to executive alignment with company performance.

Positives

• The acquisition of phantom stock by an executive aligns their interests with the long-term performance of the company.
• Participation in a deferred compensation plan can indicate executive commitment and retention.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of executive interests with the company's performance through participation in a deferred compensation plan.

Key Dates

Recommendation

This Form 4 reports a routine executive compensation transaction involving phantom stock acquisition under a deferred compensation plan. It does not provide new material information to alter an investment thesis, thus a 'hold' recommendation is maintained.

Keywords

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