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

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on February 14, 2025.

Summary

• On February 14, 2025, Carlen Hooker, the EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired 4.063 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
• Following the transaction, Hooker directly owns 1,904.642 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to slightly positive as it aligns executive interests with company performance.

Positives

• The acquisition of phantom stock aligns the executive's interests with the company's performance.
• The Deferred Compensation Plan provides a tax-advantaged way for executives to save for retirement.

Future Outlook

The phantom stock will be settled in cash at a future date as prescribed by the Deferred Compensation Plan.

Industry Context

Executive compensation packages often include phantom stock or similar instruments to incentivize performance and retain key personnel. This filing is a routine disclosure of such an arrangement.

Stakeholder Impact

• The acquisition of phantom stock has a minimal direct impact on shareholders.
• It serves as an incentive for the executive to contribute to the company's success.

Key Dates

Keywords

phantom stock, deferred compensation plan, executive compensation, Form 4, Church & Dwight, CHD, Carlen Hooker