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 1, 2024.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., acquired phantom stock shares on April 1, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 24.936 phantom stock shares were acquired at a price of $105.02 per share.
• These phantom stock shares are convertible 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 13,441.943 shares.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock by an executive is generally a positive sign, indicating confidence in the company's future. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

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

Industry Context

Executive compensation packages often include stock options or phantom stock to align management's interests with those of shareholders. Deferred compensation plans are a common way to provide long-term incentives.

Stakeholder Impact

• The acquisition of phantom stock by an executive can positively influence shareholder sentiment.

Key Dates