Form 4: Church & Dwight Executive Acquires Phantom Stock

Sentiment:

SEC Form 4 Filing


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

Summary

  • On April 15, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 46.128 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 converts to common stock on a 1-for-1 basis.
  • Following the transaction, Spann directly owns 18,452.849 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and a deferred compensation plan.

Key Dates

DateDescription
04/15/2024Date of phantom stock acquisition
04/16/2024Date of Form 4 filing

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