Form 4: Church & Dwight Executive Acquires Phantom Stock Units

Sentiment:

SEC Form 4 Filing


Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., acquired phantom stock units convertible to common stock under the company's Deferred Compensation Plan.

Summary

  • On April 30, 2024, Patrick de Maynadier, an executive at Church & Dwight Co., Inc., acquired 15.121 units of phantom stock.
  • These phantom stock units are convertible to common stock on a 1-for-1 basis.
  • The acquisition occurred under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • The phantom stock will be settled in cash as prescribed by the Plan.
  • The price of the derivative security was $107.89.
  • Following the reported transaction, de Maynadier beneficially owns 15,091.224 derivative securities.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider transaction disclosure.

Positives

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

Future Outlook

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

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation and deferred benefits.

Key Dates

DateDescription
04/30/2024Date of phantom stock acquisition
05/01/2024Date of signature on the Form 4 filing
08/08/1988Date of phantom stock

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