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

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

• On July 15, 2024, Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co., Inc., acquired 16.124 shares of phantom stock.
• The phantom stock was 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 transaction, de Maynadier beneficially owns 15,208.65 shares of phantom stock directly.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of an executive's compensation plan participation. It doesn't inherently indicate positive or negative performance.

Positives

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

Future Outlook

The phantom stock shares are to be settled in cash at a time prescribed by the Deferred Compensation Plan.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, which is a common practice.

Stakeholder Impact

• The acquisition of phantom stock has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates