Form 4: Church & Dwight Executive Acquires Phantom Stock Units

Rick Spann, EVP Chief Supply Chain Officer at Church & Dwight, acquired phantom stock units convertible to common stock under the company's Deferred Compensation Plan.

Summary

• On February 29, 2024, Rick Spann, EVP Chief Supply Chain Officer of Church & Dwight Co., Inc., acquired 135.009 phantom stock units.
• These phantom stock units are convertible to common stock on a 1-for-1 basis.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The phantom stock shares are to be settled in cash as prescribed by the Plan.
• Following the transaction, Spann directly owns 16,966.641 shares of common stock.
• The price of the phantom stock was $100.12.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly sway investor sentiment in either a positive or negative direction.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Executive compensation practices, including the use of phantom stock, are common in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of phantom stock aligns the executive's interests with those of the shareholders, potentially driving long-term value creation.

Key Dates