Form 4: Procter & Gamble Director Robert Portman Reports Stock Award and Disposal
SEC Form 4
Director Robert Portman reported the acquisition of 1,309 shares of Procter & Gamble common stock through restricted stock units and the disposal of 3,153.6365 shares.
Summary
- On October 8, 2024, Robert Portman, a director of Procter & Gamble, reported a transaction involving the company's common stock.
- Portman acquired 1,309 shares of common stock through the award of restricted stock units at a price of $0.
- Simultaneously, Portman disposed of 3,153.6365 shares of common stock.
- Following these transactions, Portman beneficially owns 3,153.6365 shares of Procter & Gamble common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential alignment with company performance.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company directors as an indicator of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of transaction: acquisition of 1,309 shares and disposal of 3,153.6365 shares. |
| 10/09/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.