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

Richard A. Dierker, EVP, CFO & Head of Business Operations at Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on May 31, 2024.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., filed a Form 4 on June 3, 2024, reporting a transaction involving phantom stock.
• On May 31, 2024, Dierker acquired 24.472 shares of phantom stock under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• The price of the phantom stock was $107.01 per share.
• Following the transaction, Dierker directly owns 13,540.902 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, a common practice among publicly traded companies.

Key Dates