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

Sentiment:

SEC Form 4 Filing


Carlos G. Linares, EVP Chief Tech&Global New Prod at Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on February 29, 2024.

Summary

  • On February 29, 2024, Carlos G. Linares, an executive at Church & Dwight Co., Inc., acquired 21.617 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 and will be settled in cash as prescribed by the Plan.
  • The price of the phantom stock was $100.12 per share.
  • Following the transaction, Linares directly owns 20,846.947 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It is common for executives to receive stock-based compensation as part of their overall remuneration packages.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and a deferred compensation plan.

Key Dates

DateDescription
02/29/2024Date of phantom stock acquisition
03/01/2024Date of signature on the Form 4 filing

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