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 April 30, 2024.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., acquired phantom stock shares on April 30, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 24.273 phantom stock shares were acquired at a price of $107.89 per share.
• These phantom stock shares convert to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the transaction, Dierker directly owns 13,491.996 phantom stock shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to executive compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of phantom stock by a high-ranking executive signals confidence in the company's future performance.

Future Outlook

The phantom stock shares 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 filing is a routine disclosure of such a transaction.

Stakeholder Impact

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

Key Dates