Church & Dwight (CHD) EVP awarded cash-settled phantom stock units
Rhea-AI Filing Summary
Church & Dwight Co., Inc. executive Patrick D. De Maynadier, EVP, General Counsel & Secretary, reported a grant of phantom stock units tied to the company’s common stock. On March 9, 2026, he acquired 196.633 phantom stock units at a reference price of $102.25 per unit, increasing his holdings to 16,296.453 phantom stock units.
The phantom stock converts on a 1‑for‑1 basis with common shares for value tracking, but under the company’s Deferred Compensation Plan these units are to be settled in cash at the time prescribed by the plan. This filing reflects a compensation-related award rather than an open-market stock purchase or sale.
Positive
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Negative
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Insights
Routine cash-settled phantom stock grant with limited signaling value.
Patrick D. De Maynadier received 196.633 phantom stock units linked to Church & Dwight common stock, bringing his total phantom stock position to 16,296.453 units. The transaction is coded as a grant or award acquisition, indicating compensation rather than trading activity.
The footnotes clarify that these phantom stock units track common shares on a 1-for-1 basis but will be settled in cash under the company’s Deferred Compensation Plan. Because there is no open-market buying or selling and no change in actual share count, the informational content for outside investors is modest.
This type of award typically aligns an executive’s incentives with shareholder value by tying payout to the stock price over time, while avoiding immediate dilution. Future company filings under the same plan will show how the cash-settled value evolves alongside movements in the common stock price.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 196.633 | $102.25 | $20K |
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.