Form 4: Church & Dwight Executive Acquires Phantom Stock

Sentiment:

SEC Form 4 Filing


Barry A. Bruno, EVP, Chf Mktng Offcr Pres CD of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on September 30, 2024.

Summary

  • On September 30, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 5.17 phantom stock shares.
  • The transaction occurred under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • The phantom stock shares convert to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
  • The price of the phantom stock was $104.72 per share.
  • Following the transaction, Mr. Bruno directly owns 496.311 phantom stock shares.

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 an executive can be seen as a positive sign, indicating confidence in the company's future performance.

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

Executive compensation packages often include phantom stock to align management's interests with those of shareholders. This Form 4 filing provides transparency into these transactions.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects executive compensation and alignment of interests.

Key Dates

DateDescription
09/30/2024Date of phantom stock acquisition by Barry A. Bruno
10/01/2024Date of signature on the Form 4 filing

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