Form 4: Church & Dwight Executive Reports Acquisition of Phantom Stock

Sentiment:

SEC Form 4 Filing


Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., reports the acquisition of phantom stock under the company's Deferred Compensation Plan.

Summary

  • Patrick de Maynadier, an executive at Church & Dwight Co. Inc., filed a Form 4 with the SEC.
  • The filing reports the acquisition of 15.579 shares of phantom stock on September 30, 2024, at a price of $104.72 per share.
  • These phantom stock shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • The phantom stock converts to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
  • Following the reported transaction, de Maynadier beneficially owns 15,338.895 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

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

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

  • Shareholders may be interested in the insider's activity as an indicator of management's view of the company's prospects.

Key Dates

DateDescription
08/08/1988Date associated with the phantom stock shares.
09/30/2024Date of the transaction: acquisition of phantom stock.
10/01/2024Date of the signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.