Form 4: Church & Dwight Executive Rick Spann Reports Acquisition of Phantom Stock

Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co. Inc., reported the acquisition of phantom stock shares under the company's Deferred Compensation Plan.

Summary

• On September 13, 2024, Rick Spann, EVP and Chief Supply Chain Officer of Church & Dwight Co. Inc., acquired phantom stock shares.
• The acquisition was made under the Church & Dwight Co., Inc. Deferred Compensation Plan.
• A total of 45.037 phantom stock shares were acquired at a price of $104.04 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 transaction, Spann directly owns 19,004.355 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign of their 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. The acquisition of phantom stock is a common form of executive compensation.

Stakeholder Impact

• The acquisition of phantom stock by an executive can signal confidence in the company's future, potentially impacting shareholder sentiment.

Key Dates