Church & Dwight (NYSE: CHD) EVP granted cash-settled phantom stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight executive Brian D. Buchert reported a small compensation-related award of phantom stock. On the reported date, he acquired 5.595 phantom stock units tied to Church & Dwight common stock at a reference price of $97.75 per unit. This increased his holdings to 642.716 phantom stock units. The award was made under the company’s Deferred Compensation Plan and will be settled in cash, meaning it tracks the value of the stock but does not represent actual shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buchert Brian D
Role
EVP of Strategy, M&A, and BP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 5.595 | $97.75 | $546.91 |
Holdings After Transaction:
Phantom Stock — 642.716 shares (Direct)
Footnotes (1)
- The phantom stock shares convert to common stock on a 1-for-1 basis. The phantom stock shares were acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan and are to be settled in cash at such time as prescribed by the Plan.
FAQ
What did Church & Dwight (CHD) EVP Brian D. Buchert report on this Form 4?
Brian D. Buchert reported receiving 5.595 phantom stock units as compensation. These units track Church & Dwight’s common stock value and increased his total phantom stock holdings to 642.716 units, all under the company’s Deferred Compensation Plan and settled in cash, not shares.
Is the Church & Dwight (CHD) Form 4 for Brian D. Buchert a stock purchase or a grant?
The filing reflects a grant of phantom stock units, not an open-market stock purchase. The award was coded as an acquisition under a compensation program, indicating a grant or award rather than a discretionary buy of Church & Dwight common shares in the market.
How many phantom stock units does Brian D. Buchert hold after this Church & Dwight (CHD) transaction?
After the reported transaction, Brian D. Buchert holds 642.716 phantom stock units. The filing shows he received an additional 5.595 units, which are linked to Church & Dwight’s common stock value but are designed to be settled in cash under the Deferred Compensation Plan.
What plan governs the phantom stock units reported by Church & Dwight (CHD) EVP Brian D. Buchert?
The phantom stock units were granted under the Church & Dwight Co., Inc. Deferred Compensation Plan. Under this plan, phantom units mirror the value of common stock on a 1-for-1 basis and are ultimately settled in cash at times prescribed by the plan’s terms.