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

Sentiment:

SEC Form 4 Filing


Rick Spann, EVP and Chief Supply Chain Officer at Church & Dwight Co., Inc., acquired phantom stock under the company's Deferred Compensation Plan on April 1, 2024.

Summary

  • Rick Spann, an executive at Church & Dwight Co., Inc., acquired 2.772 shares of phantom stock on April 1, 2024.
  • 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 $105.02 per share.
  • Following the transaction, Spann beneficially owns 18,406.721 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of an insider transaction, specifically the acquisition of phantom stock under a deferred compensation plan. It's common for executives to receive stock-based compensation as part of their overall remuneration package.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders.
  • It reflects part of the executive's compensation package.

Key Dates

DateDescription
04/01/2024Date of phantom stock transaction
04/03/2024Date of Form 4 filing

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