Form 4: Procter & Gamble Executive Alexandra Keith Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Alexandra Keith, CEO Beauty at Procter & Gamble, reported the sale of 776 shares of common stock to cover tax obligations upon the settlement of a Restricted Stock Unit award.
Summary
- On March 4, 2024, Alexandra Keith, CEO Beauty at Procter & Gamble, sold 776 shares of Procter & Gamble common stock at a price of $158.11 per share.
- The sale was executed to cover tax obligations arising from the settlement of a Restricted Stock Unit (RSU) award.
- Following the transaction, Keith directly owns 24,736.4375 shares of common stock.
- Keith also indirectly owns shares through a spouse (4,858.5522 shares), a retirement plan trustee (4,077.0208 shares), and a combination of spouse and retirement plan trustee (7,468.4515 shares).
- Additionally, Keith holds 736.6535 Restricted Stock Units, which will be delivered in shares upon retirement unless delivery is deferred or contributed to a deferred compensation account.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates a standard transaction to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Date of Restricted Stock Units award |
| 03/04/2024 | Date of stock sale transaction |
| 03/05/2024 | Date of signature on the report |
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