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

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight, acquired phantom stock shares under the company's Deferred Compensation Plan on March 31, 2025.

Summary

• On March 31, 2025, Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
• The phantom stock shares convert to common stock on a 1-for-1 basis.
• These shares are to be settled in cash as prescribed by the Plan.
• The price of the phantom stock was $110.09.
• Following the transaction, Hooker directly owns 2,396.352 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation transaction, which is neutral to slightly positive as it incentivizes management. There is nothing to suggest negative sentiment.

Future Outlook

The phantom stock shares will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of executive compensation in the form of phantom stock, which is a common practice among publicly traded companies to align executive interests with shareholder value.

Comparison to Industry Standards

• Deferred compensation plans, including phantom stock awards, are a common component of executive compensation packages in publicly traded companies.
• Companies like Procter & Gamble (PG) and Colgate-Palmolive (CL) also utilize various forms of equity-based compensation to incentivize their executives.
• The specific terms and conditions of these plans, such as vesting schedules and settlement methods, can vary significantly between companies.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with those of the shareholders, as the value of the phantom stock is tied to the performance of the company's common stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Phantom Stock, Deferred Compensation Plan, Church & Dwight, CHD, Carlen Hooker, Executive Compensation