Form 4: Procter & Gamble Executive Marc S. Pritchard Reports Stock Sale to Cover Taxes
SEC Form 4 Filing
Chief Brand Officer Marc S. Pritchard sold shares of Procter & Gamble stock to cover taxes related to a stock award.
Summary
- Marc S. Pritchard, Chief Brand Officer of Procter & Gamble, filed a Form 4 detailing changes in beneficial ownership.
- On August 20, 2024, Pritchard sold 9,522 shares of common stock at a price of $169.219 per share to cover taxes on a stock award.
- Following the transaction, Pritchard directly owns 172,665.4817 shares of Procter & Gamble common stock.
- Pritchard also indirectly owns shares through his daughters' ACP, CEP, and NJP accounts, as well as through a retirement plan and his wife.
- He also acquired 194.0338 Restricted Stock Units (RSUs) on August 15, 2024, which will be delivered in shares upon retirement.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Acquisition of 194.0338 Restricted Stock Units |
| 08/20/2024 | Sale of 9,522 shares of common stock |
| 08/22/2024 | Date of signature for the Form 4 filing |
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