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

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on August 15, 2024.

Summary

• On August 15, 2024, Carlen Hooker, the EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired 15.645 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 but will be settled in cash as prescribed by the plan.
• The price of the phantom stock was $99.99 per share.
• Following the transaction, Hooker directly owns 1,748.714 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly sway 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 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 to align executive interests with shareholder value. This Form 4 filing provides transparency into such compensation arrangements at Church & Dwight.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation.

Key Dates