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

Barry A. Bruno, EVP and Chief Marketing Officer of Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan.

Summary

• On September 13, 2024, Barry A. Bruno, EVP and Chief Marketing Officer of Church & Dwight Co., Inc., acquired 5.204 phantom stock shares.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These phantom stock shares convert 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 $104.04 per share.
• Following the transaction, Mr. Bruno directly owns 491.141 shares.
• The transaction was reported on September 16, 2024.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign of their commitment to the company's future.

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 management's interests with those of shareholders. This Form 4 filing provides transparency into such compensation practices at Church & Dwight.

Stakeholder Impact

• The acquisition of phantom stock by an executive aligns their interests with shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates