CHD CEO Richard Dierker Receives Award of 42.695 Phantom Shares
$CHD · CHURCH & DWIGHT CO INC /DE/Research Summary
AI-generated summary of this SEC filing
CHD CEO Richard Dierker Receives Award of 42.695 Phantom Shares
What Happened Richard A. Dierker, President, CEO and a director of Church & Dwight Co., Inc. (CHD), was granted 42.695 phantom stock units on 2026-08-14. The filing values the units at $101.30 each, for a total grant value of approximately $4,325. This transaction is reported as an award/grant (derivative), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-14; Form 4 filed: 2026-08-17.
- Security: 42.695 phantom stock units acquired at $101.30 per unit (total ≈ $4,325). Transaction code: A (award/grant).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — phantom shares convert to common stock on a 1-for-1 basis; F2 — these units were granted under the Church & Dwight Deferred Compensation Plan and are to be settled in cash at the time(s) prescribed by the plan.
- This is a compensation award (derivative grant), not a market buy or sale.
Context Phantom stock units track the value of common shares and may be described as converting 1-for-1 to common stock for accounting purposes, but per the filing they will be settled in cash under the deferred compensation plan when plan terms allow. Such grants reflect executive compensation arrangements rather than an immediate bullish purchase of company stock.