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

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

Summary

• On October 15, 2024, Carlos G. Linares, an executive at Church & Dwight Co., Inc., acquired 21.571 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the transaction, Linares directly owns 16,264.921 shares of phantom stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of an executive compensation transaction.

Positives

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

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 align management's interests with those of shareholders. This Form 4 filing is a routine disclosure of such a transaction.

Stakeholder Impact

• The acquisition of phantom stock by an executive can positively influence shareholder sentiment by aligning management's interests with company performance.

Key Dates