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

Richard A. Dierker, EVP at Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan on March 31, 2025.

Summary

• Richard A. Dierker, an Executive Vice President at Church & Dwight Co., Inc., reported a transaction involving phantom stock.
• On March 31, 2025, Dierker acquired 23.787 shares of phantom stock 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 $110.09 per share.
• Following the reported transaction, Dierker beneficially owns 15,022.882 shares of phantom stock directly.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

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.

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures of insider transactions, providing transparency into executive compensation and ownership. Phantom stock is a common form of deferred compensation used by public companies.

Comparison to Industry Standards

• Executive compensation packages, including phantom stock, are common across publicly traded companies.
• Companies like Procter & Gamble (PG) and Unilever (UL) also utilize various forms of equity-based compensation to align executive interests with shareholder value.
• The specific terms of deferred compensation plans, such as vesting schedules and settlement methods, can vary significantly between companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency into executive compensation practices.

Key Dates

Keywords

Form 4, Church & Dwight, CHD, Richard A. Dierker, Phantom Stock, Deferred Compensation Plan, Executive Compensation, Beneficial Ownership