Procter & Gamble Form 144: Performance Award Shares to Be Sold on 08/19/2025
Rhea-AI Filing Summary
Procter & Gamble Company (PG) Form 144 notice discloses a proposed sale of 12,353 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $1,913,541.47. The shares are reported as acquired on 08/18/2025 under a Performance Stock Program Award from The Procter & Gamble Company, with an approximate sale date of 08/19/2025. The filing lists 2,342,371,488 shares outstanding for the class. No securities of the issuer were reported sold by the person in the prior three months. The filer represents there is no undisclosed material adverse information and notes the criminal penalties for misstatement.
Positive
- Securities were acquired under a Performance Stock Program Award, which explains the lawful origin of the shares.
- Full Rule 144 fields are provided: broker, acquisition date, number of shares, aggregate market value, outstanding shares, and approximate sale date.
Negative
- None.
Insights
TL;DR: Officer/insider plans to sell newly vested performance shares totaling $1.9M the day after acquisition.
The filing documents a routine Rule 144 notice tied to a Performance Stock Program Award vested on 08/18/2025 and slated for sale on 08/19/2025 via Morgan Stanley Smith Barney LLC. The position size and timing indicate a near-term liquidity event for the reporting person rather than an ongoing disposal pattern; the filer reports no sales in the prior three months. This disclosure is procedural, meeting Rule 144 requirements to report proposed sales by persons defined under the rule.
TL;DR: Filing appears to satisfy Rule 144 disclosure elements for a planned sale following award vesting.
The notice includes required fields: acquisition date, nature of acquisition, broker, number of shares, aggregate value, outstanding shares, and approximate sale date. The representation regarding absence of undisclosed material adverse information and the warning about intentional misstatements are present. The filing does not report any prior sales in the past three months, which affects aggregation rules under Rule 144. No additional compliance deficiencies are evident within the provided content.