[Form 4] CHURCH & DWIGHT CO INC /DE/ Insider Trading Activity
Insider reported acquisition of phantom stock tied to Church & Dwight common shares. On 09/30/2025 Brian D. Buchert, EVP of Strategy, M&A, and Business Development, acquired 5.349 units of phantom stock under the Church & Dwight Deferred Compensation Plan. The filing states the phantom units convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
The Form 4 lists a price of $87.63 and shows 589.01 as the amount of securities beneficially owned following the reported transaction, with ownership reported as direct. The form was signed on 10/01/2025 by an attorney-in-fact for Mr. Buchert.
- Transparent disclosure of insider compensation transaction and post-transaction beneficial ownership
- Phantom units convert 1-for-1 to common stock, making the economic linkage clear
- Settlement in cash means no immediate alignment via share ownership increase
- Limited detail on vesting or payout schedule restricts assessment of timing and incentives
Insights
TL;DR: Insider received a small number of deferred-compensation phantom units that convert 1-for-1 to common stock and will be settled in cash.
The transaction is a routine deferred compensation award rather than an open-market purchase or sale. The reported 5.349 phantom units are recorded at a reference price of $87.63 and convert to common stock on a one-for-one basis, but settlement will be in cash under the plan terms. The post-transaction beneficial ownership figure of 589.01 shares is explicitly stated. For investors, this is an insider compensation disclosure with no explicit change to control or material dilution disclosed in this filing.
TL;DR: This appears to be a standard deferred-compensation settlement; materiality to shareholders is limited absent further plan details.
The filing indicates the award stems from the company Deferred Compensation Plan and will be cash-settled, which affects liquidity timing rather than immediate equity stake. The direct ownership classification is noted. The document contains no information on vesting schedule, payout timing, or why the units were granted, so assessment of governance implications is constrained by the limited disclosures here.