Form 4: Church & Dwight Executive Acquires Phantom Stock

Richard A. Dierker, EVP, CFO & Head of Business Operations at Church & Dwight Co., Inc., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., acquired phantom stock on August 15, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Dierker acquired 26.191 shares of phantom stock at a price of $99.99 per share.
• These phantom stock 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, Dierker beneficially owns 13,705.016 derivative securities.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine executive compensation disclosure. The acquisition of phantom stock can be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of phantom stock by a high-ranking executive signals confidence in the company's future performance.

Future Outlook

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

Industry Context

Executive compensation in the form of phantom stock is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

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

Key Dates