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.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., acquired phantom stock on March 15, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• Dierker acquired 25.099 phantom stock shares at a price of $104.34 per share.
• These phantom stock shares convert to common stock on a 1-for-1 basis but will be settled in cash as prescribed by the Plan.
• Following the transaction, Dierker beneficially owns 13,417.007 derivative securities.

Sentiment

Score: 6

Explanation: The document itself is neutral, reporting a routine transaction. The acquisition of phantom stock by an executive could be interpreted as a mildly positive signal, but it's primarily an administrative matter.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign of 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 stock options or similar instruments to align management's interests with those of shareholders. Phantom stock is a common tool used in deferred compensation plans.

Stakeholder Impact

• The acquisition of phantom stock by an executive could have a minor positive impact on shareholder sentiment.

Key Dates