CHURCH & DWIGHT (CHD) CEO receives new phantom stock award under deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dierker Richard A reported acquisition or exercise transactions in this Form 4 filing.
Church & Dwight President and CEO Richard A. Dierker reported a compensation-related award of phantom stock. On the reported date, he received 45.227 phantom stock units tied to the company’s common stock at a reference price of $95.63 per unit. Following this award, his total phantom stock holdings increased to 17,777.027 units, which track the value of Church & Dwight common shares but are to be settled in cash under the company’s Deferred Compensation Plan.
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 | 45.227 | $95.63 | $4K |
Holdings After Transaction:
Phantom Stock — 17,777.027 shares (Direct, null)
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.
Key Figures
Phantom stock granted: 45.227 units
Reference price per unit: $95.63
Total phantom units after grant: 17,777.027 units
+1 more
4 metrics
Phantom stock granted
45.227 units
Grant to President and CEO Richard A. Dierker on reported date
Reference price per unit
$95.63
Phantom stock grant valuation per unit
Total phantom units after grant
17,777.027 units
CEO phantom stock holdings following transaction
Underlying common stock linkage
1-for-1
Phantom stock to Church & Dwight common stock value relationship
Key Terms
Phantom Stock, Deferred Compensation Plan, grant/award acquisition, cash settlement
4 terms
Phantom Stock financial
"The phantom stock shares convert to common stock on a 1-for-1 basis."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Compensation Plan financial
"acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
cash settlement financial
"are to be settled in cash at such time as prescribed by the Plan"
Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.
FAQ
What insider transaction did CHURCH & DWIGHT (CHD) report for Richard A. Dierker?
Church & Dwight reported that President and CEO Richard A. Dierker received a grant of 45.227 phantom stock units. These units are a form of deferred compensation that track the company’s common stock value and are settled in cash under the Deferred Compensation Plan.
How many phantom stock units does Richard A. Dierker hold after this CHD Form 4?
After the reported transaction, Richard A. Dierker holds 17,777.027 phantom stock units. These units mirror the value of Church & Dwight common shares on a one-for-one basis but are paid out in cash as prescribed by the company’s Deferred Compensation Plan.
What is the reference price for the phantom stock grant reported by CHD?
The phantom stock grant to Richard A. Dierker used a reference price of $95.63 per unit. This price is tied to Church & Dwight’s common stock and is used to determine the value of the 45.227 phantom stock units recorded in this Form 4 filing.
How do CHURCH & DWIGHT phantom stock units work for executives?
Church & Dwight phantom stock units convert to common stock on a one-for-one basis for valuation purposes but are settled in cash. They are issued under the company’s Deferred Compensation Plan, allowing executives to defer compensation linked to the company’s share performance.