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

Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight, acquired 46.899 phantom stock units under the company's Deferred Compensation Plan.

Summary

• Rick Spann, an executive at Church & Dwight, acquired 46.899 phantom stock units on November 15, 2024.
• These phantom stock units were acquired under the company's Deferred Compensation Plan.
• The phantom stock units convert to common stock on a 1-for-1 basis.
• The phantom stock will be settled in cash at a future date as prescribed by the plan.
• Following the transaction, Mr. Spann directly owns 19,140.901 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to positive. The acquisition of phantom stock aligns executive interests with the company's performance.

Positives

• The acquisition of phantom stock by an executive demonstrates alignment with the company's long-term performance.
• The deferred compensation plan allows for tax-advantaged savings for the executive.

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 are a common method of executive compensation in publicly traded companies.
• Phantom stock is a common form of deferred compensation, often used to align executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with the company's performance.

Key Dates

Keywords

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