[Form 4] CHURCH & DWIGHT CO INC /DE/ Insider Trading Activity

Rhea-AI Filing Summary

Brian D. Buchert, Executive Vice President of Strategy, M&A and Business Planning at Church & Dwight Co., Inc. (CHD), reported a transaction dated 09/15/2025 on a Form 4. The filing shows acquisition of 5.137 phantom stock units under the company’s Deferred Compensation Plan at an attributed price of $91.25 per share. The phantom units convert to common stock on a 1-for-1 basis but are designated to be settled in cash under the plan. Following the transaction, Mr. Buchert beneficially owned 583.661 shares (direct ownership). The Form 4 was signed on behalf of Mr. Buchert by an attorney-in-fact on 09/16/2025.

Positive

• Timely and compliant disclosure: Form 4 filed and signed promptly, showing adherence to Section 16 reporting requirements
• Cash settlement avoids dilution: Phantom units are to be settled in cash, so no immediate increase in outstanding common shares or voting dilution

Negative

• Limited detail on materiality: Filing does not provide context such as percentage of outstanding shares, so investor impact cannot be quantified
• Compensation expense not disclosed: Cash-settled phantom units may create future cash obligations for the company, amount and timing unspecified

Insights

Securities Analyst

TL;DR: Small cash‑settled phantom stock grant reported by an officer; appears routine and immaterial to CHD’s equity base.

This Form 4 discloses a grant of 5.137 phantom stock units to an executive, which convert 1:1 to common stock but are payable in cash per the Deferred Compensation Plan. The reported price is $91.25 per share and the post-transaction beneficial ownership is 583.661 shares direct. For investors assessing dilution or insider conviction, the cash settlement means no additional issued shares or voting dilution will occur from this grant. The size of the grant relative to total outstanding shares is not provided, and therefore the filing appears to be a routine compensation-related disclosure rather than a material corporate event.

Corporate Governance Expert

TL;DR: Compensation-related disclosure follows Rule 16 timing; settlement terms reduce direct equity impact but reflect executive remuneration.

The filing properly identifies the reporting person and relationship to the issuer and documents that the units were awarded under the company’s Deferred Compensation Plan with cash settlement. The Form 4 was executed by an attorney-in-fact, consistent with common practice for timely filings. Absence of additional context (total outstanding shares, plan limits) limits assessment of governance implications, but the cash-settlement provision means this transaction does not increase issued share count or voting power.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Buchert Brian D

(Last) (First) (Middle)

500 CHARLES EWING BLVD

(Street)

EWING NJ 08628

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CHURCH & DWIGHT CO INC /DE/ [ CHD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP of Strategy, M&A, and BP

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	09/15/2025		A		5.137		(2)	(2)	Common Stock	5.137	$91.25	583.661	D

Explanation of Responses:

1. The phantom stock shares convert to common stock on a 1-for-1 basis.

2. 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.

	s/ La Fleur Browne, Attorney-in-Fact for Brian D. Buchert	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CHD insider Brian D. Buchert report on Form 4?

The filing reports acquisition of 5.137 phantom stock units on 09/15/2025 under the company’s Deferred Compensation Plan, with post-transaction beneficial ownership of 583.661 shares.

Are the phantom stock units convertible to CHD common stock?

Yes, the phantom stock units convert on a 1-for-1 basis to common stock, but per the plan they are to be settled in cash rather than issued as shares.

Did this transaction change voting or issued shares of CHD?

No immediate change in issued shares or voting power is indicated because the units are cash-settled, not settled in actual shares.

When was the Form 4 executed and by whom?

The Form 4 lists a signature by an attorney-in-fact (La Fleur Browne) for Brian D. Buchert dated 09/16/2025.

What price is associated with the reported phantom units?

The filing shows an attributed price of $91.25 per share for the phantom stock units acquired.