Form 4: Procter & Gamble Director B. Marc Allen Reports Acquisition of Common Stock
SEC Form 4 Filing
Director B. Marc Allen reports acquiring 180 shares of Procter & Gamble common stock through restricted stock units and dividend equivalents.
Summary
- On June 11, 2024, B. Marc Allen, a director of Procter & Gamble, acquired 180 shares of common stock.
- The acquisition was made through the awarding of Restricted Stock Units (RSUs) under the company's 2019 Stock and Incentive Compensation Plan.
- The price per share for the acquired stock was $0.
- The total number of shares beneficially owned following the transaction is 7,528.9358, which includes dividend equivalents in the form of RSUs.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition through a compensation plan. The acquisition itself is a positive sign, but the filing is routine.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of transaction: Acquisition of common stock. |
| 06/12/2024 | Date of signature for the Form 4 filing. |
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