CHD EVP Linares Adds 26.7 Phantom Shares in Routine Form 4 Filing
Form 4 indicates that EVP & Chief Technology and Global New Product Officer Carlos G. Linares acquired 26.672 phantom stock units of Church & Dwight Co., Inc. (CHD) on 30 June 2025 at a reference price of $96.11.
Rhea-AI Filing Summary
Form 4 indicates that EVP & Chief Technology and Global New Product Officer Carlos G. Linares acquired 26.672 phantom stock units of Church & Dwight Co., Inc. (CHD) on 30 June 2025 at a reference price of $96.11. The phantom shares convert to common stock on a 1-for-1 basis but will be settled in cash according to the company’s Deferred Compensation Plan. Following the transaction, Linares’ aggregate phantom-stock position stands at 17,030.913 units. No common shares were bought or sold, and there is no indication of open-market activity. The filing represents a routine deferred-compensation allocation rather than a market transaction and is unlikely to have a material impact on CHD’s float or insider-ownership profile.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine deferred-comp plan accrual; immaterial to share supply or insider-sentiment.
The reported acquisition involves cash-settled phantom stock added to Mr. Linares’ deferred-compensation account. At roughly $2,600 in notional value, the increment is negligible relative to CHD’s $24 billion market cap. Because the units do not convert into tradable equity and do not reflect open-market buying, the signal value for external investors is limited. The officer’s cumulative phantom balance (≈17k units) represents less than 0.01% of shares outstanding, leaving governance and dilution considerations unchanged. Overall, I view the filing as administrative and non-impactful.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 26.672 | $96.11 | $3K |
Footnotes (2)
- F1. The phantom stock shares convert to common stock on a 1-for-1 basis.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many CHD phantom stock units did EVP Carlos Linares acquire on 30 June 2025?
What is the total phantom stock balance held by Carlos Linares after the transaction?
Does the Form 4 show any sale of Church & Dwight common stock?
Are the phantom stock units settled in stock or cash under CHD’s plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.