Dierker Richard A 4
Research Summary
AI-generated summary
Church & Dwight CEO Richard Dierker Receives Phantom Stock Award
What Happened
Richard A. Dierker, President, CEO and a director of Church & Dwight Co., Inc. (CHD), was granted 31.396 derivative (phantom) stock units on 2026-02-27 at an implied value of $104.86 per share, for a total grant value of approximately $3,292. The transaction is coded as an award (A) rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (timely).
- Award: 31.396 phantom stock units at $104.86 per unit; total value ≈ $3,292.
- Transaction code: A (award/grant). Classified as a derivative award (phantom stock).
- Footnotes:
- F1: Phantom stock units convert to common stock on a 1-for-1 basis.
- F2: Units were granted under the Church & Dwight Deferred Compensation Plan and are to be settled in cash at the time prescribed by the plan.
- Shares owned after the transaction: Not specified in the provided filing details.
Context
This was a compensation award under a deferred compensation plan (phantom units that track share value). Because the units are to be settled in cash per the plan, the grant does not represent immediate common‑stock ownership or an open‑market purchase. Such awards are common for executive compensation and are routine disclosures rather than direct signals of near‑term insider buying or selling.