Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Barry A. Bruno, EVP, Chf Mktng Offcr Pres CD of Church & Dwight Co. Inc., acquired phantom stock under the company's Deferred Compensation Plan.
Summary
- On July 31, 2024, Barry A. Bruno, an executive at Church & Dwight Co. Inc., acquired 5.525 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
- Following the transaction, Bruno directly owns 473.915 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a standard executive compensation transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of phantom stock acquisition |
| 08/01/2024 | Date of signature on the form |
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