Church & Dwight (CHD) director receives phantom stock grant under deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Michael R reported acquisition or exercise transactions in this Form 4 filing.
Director Michael R. Smith received a grant of 1,238.6457 phantom stock units of Church & Dwight on July 1, 2026. These units were awarded at a reference price of $96.88 per unit under the company’s Deferred Compensation Plan and are to be settled in cash as prescribed by the plan. Following this grant, Smith holds a total of 3,029.6197 phantom stock units, which track the value of Church & Dwight common stock on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Michael R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,238.646 | $96.88 | $120K |
Holdings After Transaction:
Phantom Stock — 3,029.62 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 units granted: 1,238.6457 units
Reference price per unit: $96.88 per unit
Total phantom stock after grant: 3,029.6197 units
+2 more
5 metrics
Phantom stock units granted
1,238.6457 units
Grant on July 1, 2026
Reference price per unit
$96.88 per unit
Phantom stock grant value reference
Total phantom stock after grant
3,029.6197 units
Holdings following transaction
Conversion ratio
1-for-1 with common stock
Value tracking basis for phantom stock
Settlement method
Cash settlement
Under Deferred Compensation Plan
Key Terms
Phantom Stock, Deferred Compensation Plan, Grant, award, or other acquisition, Common Stock
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, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Michael R. Smith report in this Church & Dwight (CHD) Form 4?
Michael R. Smith reported receiving 1,238.6457 phantom stock units of Church & Dwight on July 1, 2026. The units were granted as compensation and increase his total phantom stock holdings to 3,029.6197 units under the company’s Deferred Compensation Plan.
Is the Church & Dwight (CHD) transaction a buy or a sale by Michael R. Smith?
The transaction is an acquisition through a grant of phantom stock, not a market purchase or sale. Smith received 1,238.6457 units as compensation, increasing his phantom stock balance, with no open-market buying or selling reported in this filing.
How are Michael R. Smith’s phantom stock units in Church & Dwight (CHD) settled?
The phantom stock units are settled in cash under the Church & Dwight Deferred Compensation Plan. Although they convert on a 1-for-1 basis with common stock for value tracking, payment occurs in cash at the time specified by the plan’s rules.
What is Michael R. Smith’s total phantom stock position in Church & Dwight (CHD) after this grant?
After this grant, Michael R. Smith holds 3,029.6197 phantom stock units. This total includes the newly awarded 1,238.6457 units and represents his full phantom stock balance tracked under the Church & Dwight Deferred Compensation Plan as of the transaction date.