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

Richard Dierker, EVP, CFO & Head of Business Operations at Church & Dwight Co., Inc., reports acquiring phantom stock under the company's Deferred Compensation Plan.

Summary

• Richard A. Dierker, an executive at Church & Dwight Co., Inc., filed a Form 4 to report changes in beneficial ownership.
• The report indicates that Dierker acquired 25.171 shares of phantom stock on September 13, 2024, under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• These phantom stock shares are convertible to common stock on a 1-for-1 basis and will be settled in cash as prescribed by the Plan.
• Following the reported transaction, Dierker directly owns 13,792.826 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a standard transaction related to executive compensation. There is no inherent positive or negative sentiment.

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 among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom stock acquired under a deferred compensation plan.

Key Dates