Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Carlos G. Linares, EVP Chief Tech & Global New Prod at Church & Dwight Co., Inc., reports acquisition of phantom stock under the company's Deferred Compensation Plan.
Summary
- Carlos G. Linares, an executive at Church & Dwight Co., Inc., filed a Form 4 to report changes in beneficial ownership.
- The transaction involved the acquisition of 20.9 shares of phantom stock on June 14, 2024, 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 reported transaction, Linares directly owns 16,045.209 shares of phantom stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
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
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation awarded to key executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to executive compensation and does not involve a material change in the company's operations or financial condition.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of phantom stock acquisition |
| 06/17/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.