Form 4: Director Robert K. Shearer Reports Acquisition of Phantom Stock in Church & Dwight Co. Inc.
SEC Form 4 Filing
Robert K. Shearer, a director of Church & Dwight Co. Inc., reported the acquisition of phantom stock shares under the company's Deferred Compensation Plan.
Summary
- Robert K. Shearer, a director of Church & Dwight Co. Inc., filed a Form 4 to report changes in beneficial ownership.
- The reported transaction involves the acquisition of phantom stock shares under the Church & Dwight Co., Inc. Deferred Compensation Plan on June 30, 2024.
- Shearer acquired 578.7037 shares of phantom stock at a price of $103.68 per share.
- Following the transaction, Shearer beneficially owns 25,616.4517 shares of common stock, including the converted phantom stock.
- The 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.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of phantom stock by a director could be seen as a positive sign of confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and officers.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and a director's compensation plan.
Key Dates
| Date | Description |
|---|---|
| 08/08/1988 | Date associated with the phantom stock shares. |
| 06/30/2024 | Date of the transaction involving the acquisition of phantom stock. |
| 07/02/2024 | Date of the signature on the Form 4 filing. |
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