Form 4: Procter & Gamble Director Patricia A. Woertz Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Patricia A. Woertz reports acquisition of 185 Restricted Stock Units in Procter & Gamble, increasing her holdings to 47,371.6558 shares.
Summary
- On March 12, 2024, Patricia A. Woertz, a director of Procter & Gamble Co, acquired 185 shares of common stock in the form of Restricted Stock Units (RSUs).
- The RSUs were awarded pursuant to The Procter & Gamble 2019 Stock and Incentive Compensation Plan.
- The acquisition price was $0.
- Following the transaction, Woertz's total beneficial ownership of Procter & Gamble common stock is 47,371.6558 shares, which includes dividend equivalents in the form of RSUs.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence, but it's a routine transaction.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Acquisitions by directors are often seen as a positive sign.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Acquisition of Restricted Stock Units. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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