Form 4: Church & Dwight Executive Acquires Phantom Stock

Sentiment:

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

DateDescription
07/31/2024Date of transaction: Rick Spann acquired phantom stock.
08/01/2024Date of signature on the Form 4 filing.

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