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

Sentiment:

SEC Form 4 Filing


EVP Chief Supply Chain Officer Rick Spann reports acquisition of phantom stock under Church & Dwight's Deferred Compensation Plan.

Summary

  • Rick Spann, EVP Chief Supply Chain Officer of Church & Dwight Co. Inc., reported acquiring phantom stock on April 30, 2024.
  • The transaction involved 43.429 shares of phantom stock 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 reported transaction, Spann directly owns 18,496.278 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

  • The acquisition of phantom stock indicates continued participation in the company's deferred compensation plan by a key executive.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive compensation.

Key Dates

DateDescription
04/30/2024Date of phantom stock acquisition
05/01/2024Date of report signature

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