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

Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.

Summary

• On March 15, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co., Inc., acquired 4.318 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
• Following the transaction, Mr. Buchert directly owns 430.758 shares.
• The price of the phantom stock was $104.34.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation, indicating a neutral sentiment.

Positives

• The acquisition of phantom stock aligns the executive's interests with the company's performance.
• The Deferred Compensation Plan provides a tax-advantaged way for executives to save for retirement.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. Phantom stock is a common tool used to incentivize executives and align their interests with shareholders.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with shareholders, potentially leading to better company performance.

Key Dates