Form 4: Church & Dwight Executive Acquires Phantom Stock

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.

Summary

• On August 30, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 5.315 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 phantom stock shares convert to common stock on a 1-for-1 basis.
• Following the transaction, Mr. Bruno directly owns 484.645 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of phantom stock by an executive could be seen as a positive sign of confidence in the company's future performance.

Future Outlook

The phantom stock shares will be settled in cash at a time prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

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 provides transparency into these transactions.

Stakeholder Impact

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

Key Dates