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 on September 30, 2024.

Summary

• Carlos G. Linares, an executive at Church & Dwight Co., Inc., acquired phantom stock shares on September 30, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 21.495 phantom stock shares were acquired at a price of $104.72 per share.
• These phantom stock shares are convertible 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 16,243.35 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an executive compensation transaction. There's no indication of positive or negative sentiment, just factual reporting.

Positives

• The acquisition of phantom stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
• The Deferred Compensation Plan allows executives to accumulate wealth tied to the company's success.

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 or similar instruments to align executive interests with shareholder value. This Form 4 filing is a routine disclosure of such transactions.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects executive compensation practices.
• The transaction impacts the executive, Carlos G. Linares, by increasing his holdings tied to the company's performance.

Key Dates