Form 4: Church & Dwight Executive Acquires Phantom Stock

Church & Dwight EVP Carlos G. Linares acquired 25.883 phantom stock shares under the company's deferred compensation plan.

Summary

• Carlos G. Linares, EVP Chief Technology & Global New Product for Church & Dwight Co., Inc. (CHD), acquired 25.883 phantom stock shares.
• The transaction occurred on January 15, 2026, as part of the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Each phantom stock share converts to common stock on a 1-for-1 basis and will be settled in cash according to the plan's terms.
• The phantom stock was acquired at a price of $90.43 per share.
• Following this acquisition, Mr. Linares beneficially owns 17,518.403 derivative securities (phantom stock).

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation event (acquisition of phantom stock under a deferred compensation plan), which is generally neutral but can be seen as slightly positive due to executive alignment with company performance.

Positives

• An executive is acquiring additional equity-linked compensation, which generally aligns their interests with those of shareholders.
• The acquisition is part of a structured deferred compensation plan, indicating a stable and predictable compensation framework for key management.

Future Outlook

The phantom stock shares are to be settled in cash at such time as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This is a routine insider transaction related to executive compensation and does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minor positive impact due to executive compensation alignment, but the transaction size is small and routine.
• Employees: No direct impact mentioned beyond the executive involved.

Next Steps

• Settlement of phantom stock shares in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Key Dates

Recommendation

This Form 4 filing reports a routine acquisition of phantom stock by an executive under a deferred compensation plan. Such a transaction is a standard part of executive compensation and does not typically signal a change in the company's fundamental outlook or warrant a shift in investment recommendation based solely on this disclosure.

Keywords

Church & Dwight, CHD, Phantom Stock, Insider Transaction, Executive Compensation, Deferred Compensation Plan, Carlos G. Linares