Church & Dwight Insider Grant Adds 1.2k Phantom Shares to Holdings

Rhea-AI Filing Summary

Church & Dwight Co., Inc. (CHD) – Form 4 insider filing

Director Brad Cashaw reported one transaction dated 06/30/2025 involving the company’s phantom stock granted through the Church & Dwight Deferred Compensation Plan.

• Type of security: Phantom stock (cash-settled, converts 1-for-1 to common stock for valuation purposes)
• Amount acquired: 1,248.57 phantom shares
• Transaction code: A (grant under compensation plan)
• Implied price: $96.11 per phantom share
• Post-transaction balance: 4,982.935 phantom shares held directly

No open-market purchase or sale of common shares is disclosed; the grant represents deferred compensation rather than an equity purchase. No additional derivative or non-derivative transactions were reported.

The filing neither amends prior reports nor indicates cessation of insider reporting obligations.

Positive

• Insider alignment: Director Brad Cashaw increased his phantom stock balance, tying compensation to share performance.

Negative

• Limited signal value: Phantom stock is cash-settled and does not reflect an open-market equity purchase, offering little insight into insider sentiment.

Insights

Financial Analyst

TL;DR: Routine deferred-comp grant; minimal market impact.

The Form 4 shows a standard award of 1,248.57 phantom shares to Director Brad Cashaw at an implied $96.11 value, increasing his deferred-comp balance to 4,982.935 shares. Phantom stock is cash-settled and does not directly affect outstanding share count or insider ownership of tradable equity, so signalling value is limited. The grant modestly aligns director compensation with shareholder value but is immaterial relative to CHD’s market capitalization. I view the disclosure as neutral for investors.

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^*

CASHAW BRAD

(Last) (First) (Middle)

500 CHARLES EWING BOULEVARD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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)	06/30/2025		A		1,248.57		(2)	(2)	Common Stock	1,248.57	$96.11	4,982.935	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/ Cristina Paradiso, attorney-in-fact for Brad Cashaw	07/08/2025
	** 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 Director Brad Cashaw report in the Form 4 for CHD?

He received 1,248.57 phantom stock shares on 06/30/2025 under the deferred compensation plan.

How many phantom shares does Brad Cashaw own after the transaction?

His balance increased to 4,982.935 phantom shares held directly.

Was the transaction an open-market purchase of CHD common stock?

No. The filing reflects a grant of phantom stock, not a market purchase or sale.

What is the conversion ratio for the phantom stock?

Each phantom share converts to common stock on a 1-for-1 basis for valuation but is settled in cash.

Does this Form 4 indicate any change to CHD’s share count?

No. Phantom stock is cash-settled and does not dilute the outstanding common shares.