Linares Carlos G. 4
Research Summary
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Church & Dwight (CHD) EVP Carlos Linares Receives Stock Awards
What Happened
- Carlos G. Linares, EVP, Chief Technology & Global New Products at Church & Dwight, received two equity awards on 2026-03-09. He was granted 34.864 shares at $100.39 each (value $3,500) and 190.173 shares at $102.25 each (value $19,445). The combined value of the awards is $22,945.
- The second grant is recorded as a derivative award (phantom stock under a deferred compensation plan) rather than the immediate issuance of common stock.
Key Details
- Transaction dates and prices:
- 2026-03-09 — 34.864 shares @ $100.39 = $3,500 (acquired, non-derivative)
- 2026-03-09 — 190.173 shares @ $102.25 = $19,445 (acquired, derivative)
- Total shares reported: 225.037; total value: $22,945.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- Phantom stock converts to common stock on a 1-for-1 basis (F1).
- The phantom shares were granted under the Church & Dwight Deferred Compensation Plan and are to be settled in cash at the time(s) prescribed by that Plan (F2).
- Filing timeliness: Reported on 2026-03-10 for transactions dated 2026-03-09 — appears timely (not marked late).
Context
- The derivative award is a phantom stock/deferred-compensation grant: it’s tied to the company’s stock value but is intended to be settled in cash per the plan, though it may convert 1-for-1 to common shares per the footnote. This is an award (acquisition) rather than a sale — typically recorded as compensation rather than an open-market purchase.
- No sales or option exercises were reported in this filing; there is no disclosed change in Linares’s immediate common-stock ownership on the Form 4.