Form 4: Church & Dwight Executive Acquires Phantom Stock

Sentiment:

SEC Filing


Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., reports acquisition of phantom stock units convertible to common stock.

Summary

  • Patrick de Maynadier, an executive at Church & Dwight Co., Inc., filed a Form 4.
  • The filing reports the acquisition of 15.246 units of phantom stock on May 31, 2024, at a price of $107.01 per unit.
  • These phantom stock shares are convertible to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the company's Deferred Compensation Plan.
  • Following the reported transaction, de Maynadier beneficially owns 15,121.691 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider transaction, neither particularly positive nor negative.

Future Outlook

The phantom stock 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 routine disclosures of insider transactions and provide transparency into executive compensation and ownership within publicly traded companies. This filing indicates an executive's participation in a deferred compensation plan.

Key Dates

DateDescription
05/31/2024Date of phantom stock acquisition
06/03/2024Date of Form 4 filing

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