Form 4: Procter & Gamble Executive Exercises Stock Options and Sells Shares

Gary A. Coombe, CEO Grooming at Procter & Gamble, exercised stock options and sold shares on May 7, 2024.

Summary

• On May 7, 2024, Gary A. Coombe, CEO Grooming at Procter & Gamble, exercised stock options to acquire 21,388 shares of common stock at a price of $80.29 per share.
• Simultaneously, Mr. Coombe sold 21,388 shares of common stock at a price of $164.98 per share.
• Following these transactions, Mr. Coombe directly owns 58,241.6671 shares of Procter & Gamble common stock.
• He also indirectly owns 458.8631 shares through a retirement plan trustee and 1,295.35 shares through an international stock ownership plan and pension plan in Switzerland.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into executive stock ownership.

Industry Context

Executive stock option exercises and sales are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's future performance.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates