Form 4: Procter & Gamble Director Patricia A. Woertz Acquires Shares Through Stock Plan

Director Patricia A. Woertz acquired 175 shares of Procter & Gamble common stock through a restricted stock unit award.

Summary

• Patricia A. Woertz, a director at Procter & Gamble, acquired 175 shares of common stock on December 10, 2024.
• The acquisition was made through a restricted stock unit award under the company's 2019 Stock and Incentive Compensation Plan.
• The price per share for the acquisition was $0, indicating it was a grant rather than a purchase.
• Following the transaction, Ms. Woertz beneficially owns 50,044.1094 shares of Procter & Gamble common stock, which includes dividend equivalents in the form of restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not exceptional sentiment. The stock award is a standard practice and does not suggest any significant change in the company's outlook.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of a stock plan aligns director interests with those of shareholders.

Industry Context

This is a routine transaction for a director of a public company, reflecting standard compensation practices using stock-based awards.

Comparison to Industry Standards

• Stock-based compensation is a common practice among large public companies like Procter & Gamble, with similar programs at companies such as Unilever, Colgate-Palmolive, and Kimberly-Clark.
• These companies often use restricted stock units as part of their executive and director compensation packages to align interests with shareholders.
• The number of shares granted is typical for a director's compensation, and the vesting schedules are usually aligned with long-term performance goals.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's long-term performance.

Key Dates

Keywords

Procter & Gamble, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, PG, Stock Plan, Compensation