Dierker Richard A 4
Research Summary
AI-generated summary
CHD CEO Richard A. Dierker Receives 44 Phantom Shares Award
What Happened
Richard A. Dierker, President, CEO and a director of Church & Dwight Co., Inc. (CHD), was granted 43.989 phantom stock shares on 2026-06-15. The filing lists a per-share value of $98.32, giving a reported aggregate value of approximately $4,325. This was recorded as an award/acquisition of a derivative security (transaction code A), not an open-market purchase.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (appears to be filed promptly).
- Instrument: 43.989 phantom stock shares (derivative); price used in filing: $98.32; aggregate value ≈ $4,325.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — Phantom shares convert to common stock on a 1-for-1 basis. F2 — These phantom shares were granted under the Church & Dwight Deferred Compensation Plan and are to be settled in cash per the plan’s terms.
- Transaction code: A (award/grant).
Context
This was a routine compensation award (phantom stock) for an executive. Phantom shares are derivative units that may mirror stock value but, per the filing, these specific units are subject to the company’s deferred compensation plan and will be settled in cash rather than being immediately delivered as common stock. Awards like this are standard executive compensation and do not necessarily signal a personal buy/sell decision.