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 August 30, 2024.

Summary

• Carlen Hooker, an executive at Church & Dwight Co., Inc., acquired phantom stock on August 30, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 15.355 phantom stock shares were acquired at a price of $101.88 per share.
• These phantom stock shares convert to common stock on a 1-for-1 basis but will be settled in cash as prescribed by the Plan.
• Following the transaction, Hooker directly owns 1,764.069 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of phantom stock by an executive could signal confidence in the company's future performance.

Industry Context

Executive compensation packages often include stock options or phantom stock to align management's interests with those of shareholders. This Form 4 filing is a routine disclosure of such activity.

Stakeholder Impact

• The acquisition of phantom stock by an executive could have a minor positive impact on shareholder sentiment.

Key Dates