Form 4: Church & Dwight Executive Acquires Phantom Stock

Barry A. Bruno, EVP, Chf Mktng Offcr Pres CD of Church & Dwight Co., Inc., reports acquisition of phantom stock under the company's Deferred Compensation Plan.

Summary

• On June 14, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 5.027 shares of phantom stock.
• The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These shares will be settled in cash at a future date as prescribed by the Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• The price of the phantom stock was $107.7 per share.
• Following the transaction, Mr. Bruno directly owns 457.816 derivative securities.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. The acquisition of phantom stock could be viewed slightly positively as it aligns executive interests with company performance.

Positives

• The acquisition of phantom stock by an executive could be seen as a positive sign of their confidence in the company's future 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

Executive compensation practices, including the use of phantom stock, are common in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of phantom stock by an executive may have a minor positive impact on shareholder sentiment.

Key Dates