Form 4: Church & Dwight Executive Acquires Phantom Stock Under Deferred Compensation Plan
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
| Date | Description |
|---|---|
| 02/28/2025 | Date of phantom stock acquisition |
| 03/03/2025 | Date of Form 4 filing |
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