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

Carlen Hooker, EVP and Chief Commercial Officer at Church & Dwight, acquired 4,043 phantom stock units under the company's Deferred Compensation Plan.

Summary

• Carlen Hooker, an executive at Church & Dwight, acquired 4,043 phantom stock units on January 31, 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 $105.52.
• Following the transaction, Mr. Hooker directly owns 1,900.579 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is neither particularly positive nor negative. It is a normal part of corporate governance.

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 practice for executive compensation in publicly traded companies.
• The use of phantom stock is a typical method for aligning executive interests with shareholder value.
• The 1-for-1 conversion of phantom stock to common stock is a standard approach.
• The cash settlement of phantom stock at a future date is a common feature of these plans.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is part of the executive compensation plan.
• The transaction does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

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