Form 4: Church & Dwight Executive Acquires Phantom Stock Under Deferred Compensation Plan

Carlos G. Linares, an executive at Church & Dwight, acquired phantom stock under the company's deferred compensation plan.

Summary

• Carlos G. Linares, Executive Vice President, Chief Technology and Global New Products at Church & Dwight Co., Inc., acquired 21,497 phantom stock units on December 31, 2024.
• These phantom stock units were acquired under the company's Deferred Compensation Plan.
• The phantom stock will convert to common stock on a 1-for-1 basis but will be settled in cash at a future date as prescribed by the plan.
• The price of the underlying common stock at the time of the transaction was $104.71 per share.
• Following this transaction, Mr. Linares directly owns 16,412.939 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is neither particularly positive nor negative. It is a standard practice and does not indicate any significant change in the company's outlook.

Future Outlook

The phantom stock will be settled in cash at a future date as prescribed by the Deferred Compensation Plan.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans and phantom stock awards are common practices for executive compensation in publicly traded companies.
• Many companies use similar plans to align executive interests with shareholder value and provide long-term incentives.
• The specific terms of the plan, such as the vesting schedule and settlement method, are typical for these types of arrangements.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is part of the executive compensation plan.
• The phantom stock acquisition does not directly affect employees, customers, suppliers, or creditors.

Key Dates

Keywords

phantom stock, deferred compensation, executive compensation, insider trading, Church & Dwight, CHD