Form 4: Church & Dwight Executive Reports Phantom Stock Acquisition

Patrick de Maynadier, EVP, Gen. Counsel & Secretary of Church & Dwight Co. Inc., reports the acquisition of phantom stock shares convertible to common stock.

Summary

• On August 30, 2024, Patrick de Maynadier, an executive at Church & Dwight Co. Inc., reported acquiring 16.013 phantom stock shares.
• These shares are convertible to common stock on a 1-for-1 basis.
• The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The shares are to be settled in cash at a time prescribed by the Plan.
• Following the reported transaction, de Maynadier beneficially owns 15,266.536 derivative securities.
• The price of the derivative security is $101.88.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

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 phantom stock shares will be settled in cash at a time prescribed by the Church & Dwight Co., Inc. Deferred Compensation Plan.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan.

Stakeholder Impact

• The acquisition of phantom stock by an executive may have a minor positive impact on shareholder sentiment.

Key Dates