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

Sentiment:

SEC Filing


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

Summary

  • Rick Spann, an executive at Church & Dwight Co. Inc., filed a Form 4 indicating a change in beneficial ownership.
  • The transaction involved the acquisition of 42.137 phantom stock shares on February 28, 2025, under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • These phantom stock shares are to be settled in cash as prescribed by the Plan.
  • Following the reported transaction, Spann directly owns 19,540.929 shares of common stock.
  • The phantom stock shares convert to common stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive compensation, indicating a neutral sentiment.

Future Outlook

The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

Executive compensation packages often include phantom stock to align executive interests with company performance. This Form 4 filing reflects a standard practice in corporate governance.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it relates to executive compensation and alignment of interests.

Key Dates

DateDescription
02/28/2025Date of phantom stock acquisition
03/03/2025Date of Form 4 filing

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