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 25.01 phantom stock units under the company's Deferred Compensation Plan.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., acquired 25.01 phantom stock units on December 31, 2024.
• These phantom stock units were acquired under the company's Deferred Compensation Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• The phantom stock will be settled in cash at a future date as prescribed by the plan.
• Following the transaction, Mr. Dierker beneficially owns 14,002.179 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral to positive. It indicates that the executive is invested in the company's future.

Future Outlook

The phantom stock will be settled in cash at a future date as prescribed by the Deferred Compensation Plan.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans are a common method of executive compensation in publicly traded companies.
• The use of phantom stock is a typical way to align executive interests with shareholder value.
• Many companies, such as Procter & Gamble (PG) and Colgate-Palmolive (CL), use similar compensation structures for their executives.

Stakeholder Impact

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

Key Dates

Keywords

phantom stock, deferred compensation, executive compensation, insider trading, Church & Dwight, CHD