Form 4: Church & Dwight Executive Acquires Phantom Stock Units

Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., reports acquisition of phantom stock units convertible to common stock.

Summary

• On June 14, 2024, Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., acquired phantom stock shares under the company's Deferred Compensation Plan.
• The transaction involved the acquisition of 15.148 phantom stock shares at a price of $107.7.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
• Following the reported transaction, de Maynadier beneficially owns 15,176.791 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing reporting an executive's acquisition of phantom stock, which is part of their compensation package. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of phantom stock by an executive may indicate 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 Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns an executive's compensation.

Key Dates