[Form 4] CHURCH & DWIGHT CO INC /DE/ Insider Trading Activity
Rhea-AI Filing Summary
Church & Dwight Co., Inc. (CHD) reporting person Carlos G. Linares, EVP Chief Tech & Global New Prod, acquired 28.093 phantom stock units on 09/15/2025 under the company Deferred Compensation Plan. The filing states the phantom units convert 1-for-1 into common stock and will be settled in cash as prescribed by the Plan. The reported per-share price associated with the underlying common stock is $91.25. After this transaction Mr. Linares is shown as beneficially owning 17,222.559 shares of common stock, held directly. The form was signed by an attorney-in-fact on 09/16/2025.
Positive
- Transparent disclosure of executive compensation awarded under the Deferred Compensation Plan
- Phantom units convert 1-for-1 to common stock, clarifying the economic link to equity
Negative
- None.
Insights
TL;DR Insider compensation through phantom stock increases reported ownership but represents routine, non-cash deferred compensation.
The Form 4 documents a standard deferred compensation award rather than an open-market purchase or sale. The conversion is 1-for-1 to common stock but settlement is in cash under the Deferred Compensation Plan, indicating no immediate dilution of outstanding shares. The transaction value implied by the filing uses a $91.25 share price and adds 28.093 units to the reporting persons holdings, which are recorded as direct beneficial ownership totaling 17,222.559 shares. For investors, this filing signals executive compensation activity rather than a change in company capital structure.
TL;DR This is a governance disclosure of routine deferred compensation; materiality to shareholders appears limited.
The disclosure follows Section 16 rules by reporting phantom stock awarded under the Deferred Compensation Plan. Key governance points: the award converts 1-for-1 to common stock but is designated for cash settlement, and the form is properly signed by an attorney-in-fact. There are no indications in the filing of accelerated vesting, related-party transactions beyond standard officer compensation, or change in control provisions. The filing supports transparency on executive remuneration timing and form.