Form 4: Church & Dwight Executive Acquires Phantom Stock

Sentiment:

SEC Form 4 Filing


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

Summary

  • On August 6, 2024, Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., acquired 8.912 shares of phantom stock.
  • The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • These shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
  • Following the transaction, de Maynadier beneficially owns 15,234.207 derivative securities.
  • The price of the derivative security is $101.32.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of executive compensation in the form of phantom stock, which is a common practice among publicly traded companies to incentivize and retain key personnel.

Stakeholder Impact

  • The acquisition of phantom stock by an executive could have a minor positive impact on shareholder confidence, as it aligns the executive's interests with those of the shareholders.

Key Dates

DateDescription
08/08/1988Date of phantom stock shares
08/06/2024Date of transaction: Acquisition of phantom stock
08/07/2024Date of signature for the report

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