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

Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan on September 30, 2024.

Summary

• Rick Spann, an executive at Church & Dwight Co., Inc., acquired 44.744 shares of phantom stock on September 30, 2024.
• 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 but will be settled in cash as prescribed by the Plan.
• The price of the phantom stock was $104.72 per share.
• Following the transaction, Spann beneficially owns 19,049.099 shares of phantom stock.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to positive as it incentivizes management. The sentiment is slightly positive as it indicates continued alignment of executive interests with the company's performance.

Future Outlook

The phantom stock shares are to be settled in cash at a time prescribed by the Deferred Compensation Plan.

Industry Context

Executive compensation packages often include phantom stock to align executive interests with shareholder value and provide long-term incentives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.

Key Dates