Form 4: P&G Officer Reports Routine Stock Transactions

Procter & Gamble's Chief Research, Development & Innovation Officer, Moses Victor Javier Aguilar, reported several routine stock transactions, including tax withholdings and RSU conversions.

Summary

• Moses Victor Javier Aguilar, Chief Research, Development & Innovation Officer at Procter & Gamble Co (PG), reported changes in his beneficial ownership.
• On December 3, 2025, a total of 1,413.23 shares of common stock (comprising 221.09, 55.4, 1,076.71, and 60.43 shares) were disposed of at $144.35 per share to cover taxes on previous Restricted Stock Unit (RSU) grants.
• On December 3, 2025, 55.4 shares of common stock were acquired at $144.35 per share through the exercise or conversion of derivative securities.
• On November 17, 2025, 19.6192 Restricted Stock Units (RSUs) were acquired as dividend equivalents, representing a contingent right to receive common stock.
• On December 3, 2025, 55.4 Restricted Stock Units (RSUs) were converted as a retirement award, representing a contingent right to receive P&G common stock or cash settlement.
• Following these transactions, Mr. Aguilar directly beneficially owns 44,735.4826 shares of common stock and indirectly owns 6,808.4349 shares via a Retirement Plan Trustee and 428.6033 shares via an International Stock Ownership Plan (Mexico) Trustee.
• He also directly beneficially owns 130.3988 Restricted Stock Units from dividend equivalents and 724.6 Restricted Stock Units from a retirement award.

Sentiment

Score: 5

Explanation: The filing is a factual report of routine insider transactions, including tax withholdings and RSU grants/conversions, which are standard for executive compensation. It does not present inherently positive or negative news for the company's operational or financial performance.

Positives

• Acquisition of 55.4 shares of common stock through conversion/exercise.
• Grant of 19.6192 Restricted Stock Units as dividend equivalents.
• Grant of 55.4 Restricted Stock Units as a retirement award.

Negatives

• Disposal of 1,413.23 shares of common stock to cover taxes on previous Restricted Stock Unit grants.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the nature of Restricted Stock Units delivering shares upon retirement or deferral.

Industry Context

This Form 4 filing details routine insider transactions for an executive at a major consumer goods company. Such filings are standard disclosures and typically do not reflect broader industry trends, but rather individual compensation and tax planning activities.

Stakeholder Impact

• Shareholders: Minimal direct impact, as these are routine compensation-related transactions and tax withholdings, not a significant change in overall insider ownership that would signal a major shift in confidence.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Procter & Gamble, PG, SEC Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, RSU, Executive Compensation, Beneficial Ownership, Tax Withholding