Form 4: Procter & Gamble Executive Alexandra Keith Reports Stock Sales
SEC Form 4 Filing
Alexandra Keith, CEO Beauty at Procter & Gamble, reported the sale of company stock on October 22, 2024.
Summary
- On October 22, 2024, Alexandra Keith, CEO Beauty at Procter & Gamble, reported selling 1,992 shares of common stock at $170 per share.
- Keith also reported selling 409 shares of common stock at $170 per share.
- Following these transactions, Keith directly owns 13,783.1608 shares of Procter & Gamble common stock.
- Keith indirectly owns 3,487.9748 shares through a spouse, 4,667.1348 shares through a retirement plan trustee, and 2,521.7541 shares through a spouse and retirement plan trustee.
- The report reflects adjustments to PST (presumably a deferred compensation plan) through September 30, 2024.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to non-public information.
Stakeholder Impact
- The stock sales by a high-ranking executive could be perceived negatively by some shareholders, although such transactions are common and don't necessarily reflect a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of stock sale transactions. |
| 10/23/2024 | Date of signature on the Form 4 filing. |
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