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

Carlen Hooker, EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan on April 15, 2025.

Summary

• On April 15, 2025, Carlen Hooker, the EVP and Chief Commercial Officer of Church & Dwight Co., Inc., acquired 4.222 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 $105.07 per share.
• Following the transaction, Hooker directly owns 2,400.574 derivative securities.

Sentiment

Score: 6

Explanation: The document reflects a routine executive compensation transaction. It's neither overwhelmingly positive nor negative, but rather an expected part of corporate governance.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign of their 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 executive interests with shareholder value and encourage long-term performance.

Comparison to Industry Standards

• Deferred compensation plans and phantom stock awards are common practices among publicly traded companies to attract and retain top executive talent.
• Companies like Procter & Gamble (PG) and Unilever (UL) also utilize various forms of deferred compensation and equity-based awards for their executives.

Stakeholder Impact

• The acquisition of phantom stock by an executive can align their interests with those of shareholders, potentially encouraging decisions that increase shareholder value.

Key Dates

Keywords

phantom stock, Church & Dwight, executive compensation, Form 4, CHD, Carlen Hooker, deferred compensation plan