Form 4: Church & Dwight Executive Acquires Phantom Stock

Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight Co., Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• On May 15, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 43.718 shares of phantom stock.
• The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These shares are to be settled in cash as prescribed by the Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• Following the transaction, Mr. Spann directly owns 18,539.996 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard executive compensation transaction. It doesn't inherently indicate positive or negative performance, but rather a routine part of executive pay.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign of their commitment to the company's long-term success.

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

Executive compensation packages often include phantom stock to align executive interests with shareholder value. This filing is a routine disclosure of such a transaction.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects executive compensation practices.

Key Dates