Form 4: Procter & Gamble CFO Andre Schulten Reports Stock Award

Andre Schulten, CFO of Procter & Gamble, reports the acquisition of 22,191 shares of common stock through a stock award.

Summary

• Andre Schulten, the Chief Financial Officer of Procter & Gamble, filed a Form 4 on August 20, 2024, reporting a transaction that occurred on August 19, 2024.
• The transaction involved the acquisition of 22,191 shares of Procter & Gamble common stock through a stock award.
• The shares were acquired at a price of $0 per share, pursuant to the issuer's 2019 Stock and Incentive Compensation Plan.
• Following the reported transaction, Schulten directly owns 59,212.957 shares of common stock and indirectly owns 6,182.514 shares through a retirement plan trustee.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The stock award indicates the company's commitment to incentivizing its executives through equity ownership.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The stock award aligns the CFO's interests with those of the shareholders.

Key Dates