Church & Dwight (CHD) CEO receives cash-settled phantom stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Church & Dwight (CHD) President and CEO Richard A. Dierker reported a compensation-related award of phantom stock. On this Form 4, he acquired 44.246 phantom stock units, each linked 1-for-1 to Church & Dwight common stock value under the company’s Deferred Compensation Plan.
Following this award, his reported phantom stock balance is 17,549.204 units. These phantom shares are not actual stock; they are to be settled in cash at a future time as prescribed by the plan, rather than through delivery of common 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 | 44.246 | $97.75 | $4K |
Holdings After Transaction:
Phantom Stock — 17,549.204 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 CHURCH & DWIGHT (CHD) report for Richard A. Dierker?
Church & Dwight reported that President and CEO Richard A. Dierker received 44.246 phantom stock units as a compensation-related award. These units track the value of common stock but are cash-settled later under the company’s Deferred Compensation Plan, rather than being delivered as actual shares.
How many phantom stock units does the CHD CEO hold after this Form 4 transaction?
After this award, Richard A. Dierker is reported to hold 17,549.204 phantom stock units. These units are linked on a 1-for-1 basis to Church & Dwight common stock value and are scheduled to be settled in cash according to the terms of the Deferred Compensation Plan.
How do the CHD phantom stock units convert relative to common stock?
Each phantom stock unit held by the CHD CEO converts on a 1-for-1 basis to the value of one share of Church & Dwight common stock. However, the plan specifies that these units are settled in cash at a future time, not by issuing actual common shares.
What does Church & Dwight’s Deferred Compensation Plan do for executives?
Church & Dwight’s Deferred Compensation Plan grants phantom stock units to executives, such as the CEO, that mirror the value of common stock. Instead of receiving shares immediately, executives receive cash settlement later, aligning compensation with company performance without immediate changes in actual share ownership.