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

Carlos G. Linares, EVP Chief Tech&Global New Prod at Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.

Summary

• On February 28, 2025, Carlos G. Linares, an executive at Church & Dwight Co., Inc., acquired 20.242 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis.
• The phantom stock will be settled in cash as prescribed by the Plan.
• Following the transaction, Linares beneficially owns 16,497.7111 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, suggesting stability and alignment of interests. It's a neutral event with a slightly positive undertone due to the executive's increased stake in the company's performance.

Positives

• The acquisition of phantom stock by an executive demonstrates confidence in the company's future performance.

Industry Context

Executive compensation packages often include phantom stock to align executive interests with shareholder value. This is a common practice in publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans and phantom stock awards are common components of executive compensation packages in publicly traded companies like Church & Dwight.
• Companies such as Procter & Gamble (PG) and Unilever (UL) also utilize similar compensation strategies to incentivize their executives.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with those of the shareholders, potentially leading to better company performance.

Key Dates