Form 4: Procter & Gamble Director Terry J. Lundgren Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Terry J. Lundgren reports acquiring 1,309 shares of Procter & Gamble common stock on October 8, 2024.
Summary
- Terry J. Lundgren, a director at Procter & Gamble, filed a Form 4 on October 9, 2024, reporting a transaction.
- On October 8, 2024, Lundgren acquired 1,309 shares of common stock at a price of $0, awarded as Restricted Stock Units pursuant to The Procter & Gamble 2019 Stock and Incentive Compensation Plan.
- Following the transaction, Lundgren directly owns 41,518.8003 shares of common stock.
- Lundgren also indirectly owns 530 shares held by their spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing of stock acquisition by a director, indicating confidence but not necessarily a major event.
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
Insider transactions are closely monitored as they can provide insights into a company's prospects. This transaction reflects the director's investment in the company's equity.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of transaction: Acquisition of 1,309 shares of common stock. |
| 10/09/2024 | Date of Form 4 filing. |
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