Church & Dwight (NYSE: CHD) CEO receives grant of phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight President and CEO Richard A. Dierker reported receiving a grant of phantom stock units under the company’s Deferred Compensation Plan. He acquired 31.396 phantom stock units at a reference price of $104.86 per unit, bringing his total phantom stock holdings to 16,065.962 units. The phantom stock is valued based on Church & Dwight common stock on a 1-for-1 basis but will be settled in cash in accordance with the plan’s terms, rather than through delivery of actual shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dierker Richard A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 31.396 | $104.86 | $3K |
Holdings After Transaction:
Phantom Stock — 16,065.962 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 insider transaction did CHD CEO Richard Dierker report on this Form 4?
Richard A. Dierker reported receiving a grant of phantom stock units. He acquired 31.396 phantom stock units under Church & Dwight’s Deferred Compensation Plan, increasing his total phantom stock holdings to 16,065.962 units linked in value to the company’s common stock.
How many phantom stock units does CHD CEO Richard Dierker hold after this grant?
After this award, Richard A. Dierker holds 16,065.962 phantom stock units. This total reflects the newly acquired 31.396 units granted on the reported date, all credited under Church & Dwight’s Deferred Compensation Plan for the executive.
At what price were the CHD phantom stock units granted to the CEO?
The phantom stock units were granted at a reference price of $104.86 per unit. This price is used for valuing the 31.396 units awarded, whose value tracks Church & Dwight common stock on a one-for-one basis for compensation purposes.
How are CHD phantom stock units for the CEO ultimately settled?
The phantom stock units are settled in cash, not shares. Under Church & Dwight’s Deferred Compensation Plan, these units convert based on a 1-for-1 value with common stock and are paid out in cash at the times specified by the plan’s terms.