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

Carlos G. Linares, EVP Chief Tech & Global New Prod at Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan.

Summary

• Carlos G. Linares, an executive at Church & Dwight Co., Inc., acquired phantom stock shares on March 7, 2024.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 2,134.515 phantom stock shares were acquired at a price of $104.12 per share.
• These 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, Linares directly owns 23,040.389 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of phantom stock can be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of phantom stock by a high-ranking executive signals 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 phantom stock to align management's interests with those of shareholders. This Form 4 filing provides transparency into such compensation arrangements at Church & Dwight.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.

Key Dates