Form 4: Procter & Gamble CFO Andre Schulten Reports Stock Sale
SEC Form 4 Filing
Andre Schulten, CFO of Procter & Gamble, reported the sale of 13,041 shares of common stock at $170 per share on August 26, 2024.
Summary
- On August 26, 2024, Andre Schulten, the Chief Financial Officer of Procter & Gamble, sold 13,041 shares of Procter & Gamble common stock.
- The sale price was $170 per share.
- Following the transaction, Schulten directly owns 37,208.2045 shares of common stock.
- Schulten also indirectly owns 6,182.514 shares through a retirement plan trustee.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The sale could be for personal financial planning reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The stock sale by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock sale transaction |
| 08/27/2024 | Date of signature on the Form 4 filing |
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