Form 4: Procter & Gamble Executive Keith R. Alexandra Reports Stock Sale to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Keith R. Alexandra, CEO Beauty at Procter & Gamble, reported selling 3,373 shares of common stock on August 5, 2024, to cover tax obligations.

Summary

  • On August 5, 2024, Keith R. Alexandra, CEO Beauty at Procter & Gamble, sold 3,373 shares of the company's common stock.
  • The sale was executed at a price of $170 per share.
  • The transaction was conducted to cover tax obligations arising from the settlement of a Restricted Stock Unit award.
  • Following the transaction, Alexandra directly owns 21,512.9251 shares of Procter & Gamble common stock.
  • Alexandra also indirectly owns 4,602.8004 shares through a retirement plan trustee, 4,218.3561 shares through a spouse, and 2,493.8669 shares through a spouse and retirement plan trustee.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale for tax purposes, indicating a neutral sentiment.

Industry Context

This is a routine disclosure related to executive stock transactions and is common among publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The stock sale by a high-ranking executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
08/05/2024Date of stock sale transaction
08/06/2024Date of signature for the filing

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