Form 4: P&G SVP Janzaruk Reports Routine Tax-Related Stock Sale

Procter & Gamble's SVP and Chief Accounting Officer, Matthew W. Janzaruk, reported a disposition of 14.1 shares of common stock to cover taxes on a previous Restricted Stock Unit grant.

Summary

• Matthew W. Janzaruk, SVP Chief Accounting Officer of Procter & Gamble Co. (PG), reported a transaction on December 3, 2025.
• The transaction involved the disposition of 14.1 shares of Common Stock at a price of $144.35 per share.
• This disposition was specifically for shares withheld to cover taxes on a previous Restricted Stock Unit (RSU) grant.
• Following this transaction, Mr. Janzaruk directly beneficially owns 971.8749 shares of Common Stock.
• Additionally, 3,293.5342 shares of Common Stock are indirectly beneficially owned through a Retirement Plan Trustee.
• The total beneficial ownership includes a grant of dividend equivalents in the form of RSUs settled in common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, tax-related disposition of a small number of shares by an executive, which is a standard practice for RSU vesting and does not indicate a significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• The executive's compensation structure includes Restricted Stock Units (RSUs), which aligns management's long-term interests with shareholder value.
• The SVP's total beneficial ownership of Procter & Gamble common stock remains substantial at 4,265.4091 shares (971.8749 direct + 3,293.5342 indirect), demonstrating continued vested interest in the company's performance.

Negatives

• A minor reduction in direct beneficial ownership occurred due to the disposition of 14.1 shares for tax purposes.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which does not typically reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, small-scale transaction related to executive compensation. No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 filing details a routine, tax-related disposition of a small number of shares by a company executive. Such transactions are common for Restricted Stock Unit vesting and do not provide new material information to warrant a change in investment recommendation. The core investment thesis for Procter & Gamble remains unchanged based on this filing.

Keywords

Procter & Gamble, PG, Form 4, Insider Trading, Stock Transaction, Executive Compensation, Restricted Stock Units, Matthew Janzaruk, Chief Accounting Officer