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

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

Summary

• On June 28, 2024, Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired 14.822 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
• The price of the phantom stock was $103.68 per share.
• Following the transaction, Hooker directly owns 1,701.646 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to positive as it incentivizes management. There are no indications of negative performance or concerns.

Positives

• The acquisition of phantom stock under the Deferred Compensation Plan aligns the executive's interests with the company's performance.

Industry Context

Executive compensation packages often include phantom stock or similar instruments to incentivize performance and align executive interests with shareholder value. Deferred compensation plans are a common tool for attracting and retaining key personnel.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with shareholders, potentially driving long-term value creation.

Key Dates