Form 4: Church & Dwight Executive Reports Phantom Stock Acquisition

EVP Carlos G. Linares acquired 7.338 shares of phantom stock under the company's deferred compensation plan.

Summary

• Carlos G. Linares, EVP Chief Tech & Global New Prod, acquired 7.338 shares of phantom stock.
• The transaction occurred on April 30, 2026, at a price of $97.06 per share.
• These shares were acquired through the Church & Dwight Co., Inc. Deferred Compensation Plan.
• The total beneficial ownership following this transaction is 17,919.885 shares of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.

Positives

• Continued participation by senior management in the company's deferred compensation plan, aligning interests with long-term performance.

Negatives

• None identified; this is a routine compensatory transaction.

Risks

• Phantom stock value is tied to the performance of the underlying common stock, exposing the executive to market volatility.

Future Outlook

The phantom stock units are to be settled in cash at a time prescribed by the company's Deferred Compensation Plan.

Management Comments

• No direct management commentary provided in this regulatory filing.

Industry Context

StockSavvy.ai notes that routine acquisitions of phantom stock by executives via deferred compensation plans are standard corporate governance practices and do not typically signal changes in market sentiment or company strategy.

Comparison to Industry Standards

• The use of deferred compensation plans for executives is consistent with standard practices among S&P 500 consumer goods companies.
• The 1-for-1 conversion ratio to common stock is a standard feature for phantom stock arrangements.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard internal compensation mechanism.

Next Steps

• Future settlement of phantom stock units in cash as per the Deferred Compensation Plan.

Key Dates

Keywords

Church & Dwight, CHD, Form 4, Insider Trading, Phantom Stock, Deferred Compensation