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

Procter & Gamble's Chief Financial Officer, Andre Schulten, reported transactions involving company stock and restricted stock units.

Summary

• Andre Schulten, the Chief Financial Officer of Procter & Gamble, filed a Form 4 detailing changes in his beneficial ownership of company securities.
• On December 19, 2024, Schulten acquired 70.42 shares of common stock at a price of $169.79 per share.
• He also disposed of 70.42 shares of common stock at the same price to cover taxes related to a previous restricted stock unit grant.
• Additionally, Schulten's holdings include 35,875.7373 shares of common stock directly owned, 35,805.3173 shares directly owned after tax withholding, and 6,229.237 shares held indirectly through a retirement plan trustee.
• He also holds 121.4685 restricted stock units that will deliver in shares upon retirement, and 931.58 restricted stock units from a retirement award.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in publicly traded companies like Procter & Gamble.
• The transactions reported are typical for executives who receive stock-based compensation and are required to disclose changes in their holdings.
• Similar filings are made by executives at comparable companies such as Unilever, Colgate-Palmolive, and Kimberly-Clark.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine insider transactions.
• The filing provides transparency regarding executive stock ownership.

Key Dates

Keywords

Procter & Gamble, PG, Andre Schulten, Form 4, insider trading, stock transaction, restricted stock units, CFO, beneficial ownership