Form 4: Church & Dwight Executive Carlen Hooker Reports Acquisition of Phantom Stock
SEC Filing
EVP, Chief Commercial Officer of Church & Dwight, Carlen Hooker, reports acquiring phantom stock under the company's Deferred Compensation Plan.
Summary
- Carlen Hooker, EVP, Chief Commercial Officer of Church & Dwight Co., Inc., filed a Form 4 on October 1, 2024, reporting a transaction.
- The transaction involved the acquisition of 14.938 shares of phantom stock on September 30, 2024, at a price of $104.72 per share.
- Following the transaction, Hooker directly owns 1,798.756 shares of phantom stock.
- The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction related to executive compensation.
Future Outlook
The phantom stock will be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates an executive's participation in the company's deferred compensation plan, which is a common practice.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of phantom stock acquisition |
| 10/01/2024 | Date of Form 4 filing |
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