[Form 4] Church & Dwight Co., Inc. Insider Trading Activity

Rhea-AI Filing Summary

Richard A. Dierker, President and CEO and a director of Church & Dwight Co., Inc. (CHD), reported an acquisition on 08/29/2025 of 41.59 phantom stock units under the companys Deferred Compensation Plan. The phantom units convert 1-for-1 into common stock and are to be settled in cash per plan terms. The filing shows a conversion value of $93.16 per underlying share and reports 15,468.74 shares beneficially owned following the transaction. The Form 4 was signed by an attorney-in-fact on 09/02/2025.

Positive

• Alignment with shareholder interests: Phantom units tie executive compensation to the companys stock value.
• No immediate dilution: Award is cash-settled under the Deferred Compensation Plan, so no new shares are issued now.

Negative

• Future cash obligation: Cash settlement of phantom units creates a potential liability for the company at payout.
• Insider concentration: Reporting person holds 15,468.74 beneficial shares after the transaction, which may concentrate voting/ownership among executives.

Insights

Corporate Governance Expert

TL;DR: CEO-director received deferred compensation in phantom stock settled in cash; no immediate stock dilution or sale reported.

The report documents a routine deferred compensation credit rather than an open-market purchase or sale. Phantom stock converts on a 1-for-1 basis to common shares but, per the filing, will be settled in cash under the Deferred Compensation Plan. That structure means the company records a liability rather than issuing new shares at settlement, so there is no immediate change to share count or dilution. The transaction is consistent with executive compensation practices tying pay to stock value while preserving share capital.

Compensation/Risk Analyst

TL;DR: Deferred award valued at $93.16 per share increases executive economic exposure to CHD stock performance without issuing shares now.

The phantom units (41.59 units) reference an underlying per-share price of $93.16 and will be cash-settled, creating a future cash obligation for the company. The filing increases the reported beneficial ownership total to 15,468.74 shares for Mr. Dierker, which is relevant for understanding insider holdings. This is a standard non-equity cash-settled compensation mechanism that shifts some long-term incentive to deferred pay while leaving the companys equity base unchanged until any conversion mechanics (if they required share settlement) were invoked; here settlement is cash-based per the plan explanation.

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^*

Dierker Richard A

(Last) (First) (Middle)

PRINCETON SOUTH CORPORATE PARK

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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)	08/29/2025		A		41.59		(2)	(2)	Common Stock	41.59	$93.16	15,468.74	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 Richard A. Dierker	09/02/2025
	** 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 transaction did CHD CEO Richard A. Dierker report on Form 4?

He reported acquiring 41.59 phantom stock units under the Church & Dwight Deferred Compensation Plan on 08/29/2025.

Will the phantom stock issuance dilute CHDs outstanding shares?

No. The filing states the phantom units are to be settled in cash, so no new shares are issued at settlement per the disclosure.

What is the reported value per share for the phantom units?

The filing shows an underlying price of $93.16 per share for the phantom units.

How many shares does Richard A. Dierker beneficially own after this transaction?

The Form 4 reports 15,468.74 shares beneficially owned following the reported transaction.

When was the Form 4 signed and filed?

The signature by attorney-in-fact is dated 09/02/2025; the transaction date is 08/29/2025.