Form 4: Church & Dwight Executive Acquires Phantom Stock
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
| Date | Description |
|---|---|
| 08/08/1988 | Date of phantom stock shares |
| 08/06/2024 | Date of transaction: Acquisition of phantom stock |
| 08/07/2024 | Date of signature for the report |
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