Form 4: Church & Dwight Executive Acquires Phantom Stock

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on February 29, 2024.

Summary

• On February 29, 2024, Carlen Hooker, the EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired 12.061 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the transaction, Hooker beneficially owns 1,183.05 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

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 Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Executive compensation packages often include phantom stock or similar equity-based awards to align management's interests with those of shareholders.
• Deferred compensation plans are a common tool used by companies to attract and retain key employees.
• The terms of Church & Dwight's Deferred Compensation Plan would need to be compared to those of similar companies to assess its competitiveness.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding executive compensation.

Key Dates