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

Carlos G. Linares, an executive at Church & Dwight, acquired 21,332 phantom stock units 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 21,332 phantom stock units on January 31, 2025.
• These phantom stock units were acquired under the company's Deferred Compensation Plan.
• The phantom stock shares 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 $105.52 per share.

Sentiment

Score: 7

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

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 in the consumer goods sector, such as Procter & Gamble (PG) and Colgate-Palmolive (CL), utilize similar compensation structures to align executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders as it is part of an existing compensation plan.
• The transaction aligns executive interests with the company's performance.

Key Dates

Keywords

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