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 shares under the company's Deferred Compensation Plan.
Summary
- On July 15, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 5.351 phantom stock shares.
- The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
- The price of the phantom stock was $101.18.
- Following the transaction, Bruno directly owns 468.39 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction related to compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a transaction involving phantom stock, which is a form of deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of phantom stock acquisition |
| 07/16/2024 | Date of signature on the form |
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