Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On March 11, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 0.542 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 price of the phantom stock was $104.5 per share.
- Following the transaction, Spann directly owns 18,314.425 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation and does not inherently convey positive or negative sentiment.
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
This filing is a routine disclosure of executive compensation in the form of phantom stock, which is a common practice among publicly traded companies to incentivize and retain key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of phantom stock acquisition |
| 03/13/2024 | Date of signature on the Form 4 filing |
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