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 shares 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 form reports a transaction involving phantom stock acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• On April 1, 2024, Mr. de Maynadier acquired 1,192.407 shares of phantom stock at a price of $105.02 per share.
• These phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
• Following the reported transaction, Mr. de Maynadier beneficially owns 15,060.042 shares of phantom stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing an executive's compensation-related stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

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

Future Outlook

The phantom stock shares are to be settled in cash at a future date as prescribed by the Church & Dwight Co., Inc. 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 primarily concerns an executive's compensation.

Key Dates