Form 4: Procter & Gamble CEO Beauty, Alexandra Keith R., Reports Changes in Beneficial Ownership

Alexandra Keith R., CEO Beauty at Procter & Gamble, filed a Form 4 disclosing changes in beneficial ownership of company stock.

Summary

• On May 15, 2024, Alexandra Keith R., CEO Beauty at Procter & Gamble [PG], reported changes in beneficial ownership of Procter & Gamble common stock.
• The report indicates the acquisition of 5,493.1601 shares of common stock at a price of $165.8809 per share.
• Following the reported transaction, Keith R. Alexandra directly owns 24,736.4375 shares of common stock.
• Additionally, Keith R. Alexandra indirectly owns 4,137.1526 shares through a retirement plan trustee and 4,003.5522 shares by spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating neutral sentiment. It reports changes in stock ownership, which is a routine activity.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance. It is a standard practice for executives at publicly traded companies like Procter & Gamble.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly traded companies, including competitors like Unilever (UL) and L'Oréal (OR).
• The reporting requirements are consistent, ensuring transparency in executive stock transactions.
• The size of the transaction is relatively small compared to the overall market capitalization of Procter & Gamble, which is typical for individual executive transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a key executive.
• It assures stakeholders that insider trading activities are being monitored and reported as required by regulations.

Key Dates