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

Barry A. Bruno, EVP and Chief Marketing Officer of Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan on March 7, 2024.

Summary

• On March 7, 2024, Barry A. Bruno, an executive at Church & Dwight Co., Inc., acquired 285.872 shares of phantom stock.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock converts to common stock on a 1-for-1 basis but will be settled in cash as prescribed by the Plan.
• The price of the phantom stock was $104.12 per share.
• Following the transaction, Bruno directly owns 420.802 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard executive compensation transaction. It doesn't indicate positive or negative performance, just routine activity.

Positives

• The acquisition of phantom stock by an executive demonstrates confidence in the company's future performance.

Industry Context

Executive compensation packages often include phantom stock to align executive interests with shareholder value. This is a common practice in publicly traded companies.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with those of the shareholders, potentially driving long-term value creation.

Key Dates