Form 4: Richard A. Dierker Acquires Phantom Stock in CHD
Statement of Changes in Beneficial Ownership
Church & Dwight CEO Richard A. Dierker acquired 44.56 shares of phantom stock under the company's deferred compensation plan.
Summary
- Richard A. Dierker, President and CEO of Church & Dwight Co., Inc., acquired 44.56 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 company's Deferred Compensation Plan.
- Following this transaction, the reporting person holds a total of 17,685.814 shares of phantom stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.
Positives
- The CEO continues to participate in the company's deferred compensation plan, indicating alignment with long-term equity-linked performance.
Negatives
- None identified; this is a routine administrative transaction related to executive compensation.
Risks
- The value of the phantom stock is tied to the performance of Church & Dwight 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 Church & Dwight Co., Inc. Deferred Compensation Plan.
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 a change in market sentiment or strategic direction.
Comparison to Industry Standards
- The use of deferred compensation plans for executive retention 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 compensation-related transaction.
Next Steps
- Future settlement of phantom stock units in cash per the Deferred Compensation Plan.
Key Dates
| Date | Description |
|---|---|
| 04/30/2026 | Date of the phantom stock acquisition transaction. |
| 05/01/2026 | Date the Form 4 was signed and filed. |
Keywords
Church & Dwight, CHD, Insider Trading, Form 4, Executive Compensation, Phantom Stock
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