Form 4: Church & Dwight Executive Acquires Phantom Stock Units

Patrick de Maynadier, an executive at Church & Dwight, acquired 15,443 phantom stock units convertible to common stock.

Summary

• Patrick de Maynadier, an Executive Vice President, General Counsel, and Secretary at Church & Dwight Co Inc, acquired 15,443 phantom stock units on December 13, 2024.
• These phantom stock units are convertible to common stock on a 1-for-1 basis.
• The phantom stock was acquired under the company's Deferred Compensation Plan and will be settled in cash at a future date as prescribed by the plan.
• Following this transaction, Mr. de Maynadier directly owns 15,455.325 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally neutral to positive. The acquisition of phantom stock may indicate confidence in the company's future performance.

Positives

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

Future Outlook

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

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Many publicly traded companies use phantom stock or similar deferred compensation plans as part of their executive compensation packages.
• The specific terms of the plan, such as the vesting schedule and settlement method, are typical for these types of arrangements.
• Companies like Procter & Gamble (PG) and Colgate-Palmolive (CL) also use similar compensation methods for their executives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates executive confidence in the company.

Key Dates

Keywords

phantom stock, Church & Dwight, executive compensation, insider transaction, deferred compensation, CHD