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

Brian D. Buchert, EVP of Strategy, M&A, and BP at Church & Dwight Co. Inc., acquired 4.999 phantom stock shares on July 31, 2025, under the company's Deferred Compensation Plan.

Summary

• Brian D. Buchert, Executive Vice President of Strategy, Mergers & Acquisitions, and Business Planning at Church & Dwight Co. Inc. (CHD), acquired 4.999 phantom stock shares.
• The acquisition occurred on July 31, 2025.
• The phantom stock shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Each phantom stock share converts to common stock on a 1-for-1 basis.
• The shares are to be settled in cash at a time prescribed by the Plan.
• The acquisition price per phantom stock share was $93.77.
• Following this transaction, Brian D. Buchert beneficially owns 566.615 phantom stock shares directly.

Sentiment

Score: 6

Explanation: The transaction is a routine executive compensation event, indicating continued alignment of executive interests with the company's performance. It is not a significant event to warrant a strong positive or negative sentiment.

Positives

• Acquisition of phantom stock by an executive aligns their interests with shareholders, as the value of the phantom stock is tied to the company's common stock performance.
• Participation in a deferred compensation plan indicates a commitment by the executive to long-term incentives and retention.

Negatives

• No specific negatives are apparent from this routine compensation-related filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

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

Management Comments

• No direct quotes or paraphrased statements from management are provided in this Form 4 filing, which is typical for this document type.

Industry Context

Executive compensation, including deferred compensation plans and equity-linked incentives like phantom stock, is a common practice across various industries to attract, retain, and motivate key personnel, aligning their financial interests with company performance.

Comparison to Industry Standards

• The acquisition of phantom stock as part of an executive's compensation package is a standard practice in corporate America, particularly for large, publicly traded companies like Church & Dwight.
• Many companies utilize similar deferred compensation plans to provide long-term incentives and tax-efficient savings opportunities for executives.
• Specific comparable companies or projects are not detailed in this filing, as it focuses on an individual's compensation transaction rather than a strategic business outcome.

Management Changes

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters are mentioned in this Form 4 filing.

Related Party Transactions

• This filing details a transaction between an executive (Brian D. Buchert) and the company (Church & Dwight Co. Inc.) related to executive compensation, which is a common type of related party transaction.

Stakeholder Impact

• Shareholders: The transaction aligns executive incentives with shareholder interests, as the value of the phantom stock is tied to the company's common stock performance.
• Employees: No direct impact on general employees is indicated.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated.

Next Steps

• Settlement of the phantom stock shares in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Key Dates

Keywords

Church & Dwight, CHD, Form 4, SEC filing, insider transaction, phantom stock, deferred compensation, executive compensation, Brian D. Buchert, beneficial ownership