Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Barry A. Bruno, EVP and Chief Marketing Officer at Church & Dwight, acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On August 15, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 5.415 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- These shares are to be settled in cash as prescribed by the Plan.
- The phantom stock shares convert to common stock on a 1-for-1 basis.
- The price of the phantom stock was $99.99 per share.
- Following the transaction, Bruno directly owns 479.33 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's acquisition of phantom stock, which is a standard part of compensation and doesn't necessarily indicate positive or negative sentiment.
Future Outlook
The phantom stock will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
Form 4 filings are routine disclosures of transactions by company insiders, providing transparency into their investment activities and sentiment regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of phantom stock acquisition |
| 08/16/2024 | Date of Form 4 filing |
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