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

• Patrick de Maynadier, an executive at Church & Dwight Co. Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 15.534 shares of phantom stock on April 1, 2024, at a price of $105.02 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 transaction, de Maynadier beneficially owns 13,867.635 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

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 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 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, a common practice in many publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an executive's compensation and holdings in the company.

Key Dates