Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on June 14, 2024.
Summary
- Carlen Hooker, an executive at Church & Dwight Co., Inc., acquired 11.884 phantom stock shares on June 14, 2024.
- 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 $107.7.
- Following the transaction, Hooker beneficially owns 1,686.824 phantom stock shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of phantom stock by an executive is generally a positive sign, but it's not a major event.
Positives
- The acquisition of phantom stock by an executive signals confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's prospects.
Stakeholder Impact
- The acquisition of phantom stock by a company executive can have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of phantom stock acquisition |
| 06/17/2024 | Date of signature on the Form 4 filing |
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