Form 4: Procter & Gamble Chief Legal Officer Susan Whaley Reports Stock Transactions

Susan Whaley, Chief Legal Officer of Procter & Gamble, reported the acquisition and disposal of company stock and restricted stock units.

Summary

• Susan Whaley, Chief Legal Officer of Procter & Gamble, filed a Form 4 detailing changes in her beneficial ownership of company stock.
• On December 19, 2024, she acquired 35.21 shares of common stock at a price of $169.79 per share, totaling 19,480.7763 shares including dividend equivalents.
• She also disposed of 35.21 shares to cover taxes related to a previous restricted stock unit grant.
• Additionally, she has 5,900.7437 shares held indirectly through a retirement plan trustee.
• Whaley was also granted 6.1063 restricted stock units (RSUs) as dividend equivalents and 35.21 RSUs as a retirement award.
• These RSUs will convert to shares upon retirement, unless deferred or contributed to a deferred compensation account.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer, which is neither positive nor negative in itself.

Future Outlook

The restricted stock units will convert to shares upon retirement, unless delivery is deferred or such shares are contributed to reporting person's deferred compensation account.

Industry Context

This is a routine filing for a corporate officer disclosing changes in beneficial ownership of company stock, which is common practice in 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 participate in company retirement plans.
• 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 and do not indicate a significant change in the company's financial health or outlook.
• The transactions are part of the executive's compensation and retirement plan.

Key Dates

Keywords

Procter & Gamble, PG, Form 4, insider trading, stock transaction, restricted stock units, Susan Whaley, Chief Legal Officer, beneficial ownership