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

Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight, acquired 45.298 phantom stock units under the company's Deferred Compensation Plan.

Summary

• Rick Spann, an executive at Church & Dwight, acquired 45.298 phantom stock units on January 15, 2025.
• 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.
• The phantom stock 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 $103.44.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to positive. The acquisition of phantom stock may indicate confidence in the company's future performance.

Positives

• The acquisition of phantom stock by an executive may indicate 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 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.

Stakeholder Impact

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

Key Dates

Keywords

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