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

Carlos G. Linares, EVP at Church & Dwight, acquired 21,307 phantom stock units under the company's Deferred Compensation Plan.

Summary

• Carlos G. Linares, an Executive Vice President at Church & Dwight Co., acquired 21,307 phantom stock units on December 13, 2024.
• The phantom stock was acquired under the company's Deferred Compensation Plan.
• These phantom stock units will convert to common stock on a 1-for-1 basis.
• The phantom stock will be settled in cash at a future date as prescribed by the plan.
• The price of the underlying common stock at the time of the transaction was $105.64.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral to positive. It indicates that the executive is incentivized to perform well for the company.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans and phantom stock awards are common practices for executive compensation in publicly traded companies.
• Many companies, such as Procter & Gamble (PG) and Colgate-Palmolive (CL), use similar methods to incentivize and retain key executives.

Stakeholder Impact

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

Key Dates

Keywords

phantom stock, deferred compensation, executive compensation, insider trading, Church & Dwight, CHD