Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight Co., Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On July 31, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 47.807 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.
- Following the transaction, Mr. Spann directly owns 18,815.632 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Positives
- The acquisition of phantom stock aligns the executive's interests with the company's performance.
- The Deferred Compensation Plan provides a mechanism for long-term incentive compensation.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into executive compensation and stock ownership.
Stakeholder Impact
- Shareholders may be interested in executive compensation and stock ownership details.
- The transaction has a minimal direct impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Rick Spann acquired phantom stock. |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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