CHURCH & DWIGHT CO INC /DE/·4

May 18, 11:52 AM ET

Dierker Richard A 4

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Church & Dwight (CHD) 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 45.986 phantom stock units on 2026-05-15. The units are valued at $94.05 each, for a total grant value of approximately $4,325. This transaction is reported as an award/acquisition (code A) and represents a derivative grant, not an open-market buy.

Key Details

  • Transaction date: 2026-05-15; Form 4 filed: 2026-05-18.
  • Grant: 45.986 phantom stock units at $94.05 per unit; total ≈ $4,325.
  • Transaction type: Award/Grant (derivative).
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnotes:
    • The phantom stock shares convert to common stock on a 1-for-1 basis (F1).
    • These phantom shares were granted under the Church & Dwight Deferred Compensation Plan and are to be settled in cash at the time prescribed by the Plan (F2).
  • Filing timeliness: Report filed three days after the transaction date; appears to be within normal SEC timing (Form 4 due within two business days).

Context
This was a compensation award of phantom stock units (derivative award) rather than a cash purchase or a sale. Phantom units typically track the value of common shares; here they are convertible 1-for-1 to common stock but, per the filing, are to be settled in cash under the Deferred Compensation Plan. Awards like this are routine executive compensation and do not by themselves indicate immediate buying or selling in the open market.