Form 4: Church & Dwight Executive Acquires Phantom Stock
SEC Form 4 Filing
Rick Spann, EVP Chief Supply Chain Officer at Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
Summary
- On August 15, 2024, Rick Spann, EVP Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 46.861 shares of phantom stock.
- The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
- The price of the phantom stock was $99.99 per share.
- These shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
- Following the transaction, Spann directly owns 18,862.493 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and is part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of phantom stock acquisition by Rick Spann |
| 08/16/2024 | Date of signature on the Form 4 filing |
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