PG Officer Reports 62,338-Share Option Exercise; 27,295 Shares Disposed

Rhea-AI Filing Summary

Ma. Fatima Francisco, an officer at Procter & Gamble Co (PG), reported transactions dated 10/01/2025. The filing shows a disposition of 27,295.0856 shares of Common Stock and an acquisition via option exercise of 62,338 shares (stock option with exercise price $153.18), resulting in 62,338 shares held directly after the exercise. Post-transaction indirect holdings include 15,998.3673 shares held by a retirement plan trustee and 2,862.8125 shares held indirectly by spouse and plan trustees. The form includes an explanatory note that the figures reflect an adjustment to PST through September 30, 2025. The report is signed by an attorney-in-fact on 10/02/2025.

Positive

• 62,338 shares acquired via option exercise at $153.18 (direct ownership)
• Filing discloses indirect holdings by a retirement plan trustee, clarifying beneficial ownership

Negative

• 27,295.0856 shares disposed of on 10/01/2025
• Signatory is an attorney-in-fact rather than the reporting person, indicating a proxy signature

Insights

SEC Reporting Specialist

Form 4 records an option exercise plus share disposition on 10/01/2025.

The filing documents an option exercise creating 62,338 directly held shares at an exercise price of $153.18, and a contemporaneous reported disposition of 27,295.0856 shares. The explanation line states these amounts reflect an adjustment to PST through 9/30/2025, which clarifies the timing of internal account adjustments.

This Form 4 follows required Section 16 reporting: the signature is by an attorney-in-fact on 10/02/2025, and the filing lists indirect holdings by a retirement plan trustee and spouse.

Corporate Governance Analyst

Officer-level transaction shows both acquisition and disposition activity.

The reporting person is identified as an officer (CEO - Baby, Fem & Family Care), indicating insider-level trades. The filing separates direct ownership (62,338 shares) from indirect holdings (15,998.3673 and 2,862.8125 shares) which is standard for retirement plan and spouse attribution.

No additional restrictions, waivers, or amendments are disclosed in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Francisco Ma. Fatima

(Last) (First) (Middle)

ONE PROCTER & GAMBLE PLAZA

(Street)

CINCINNATI OH 45202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROCTER & GAMBLE Co [ PG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO - Baby, Fem & Family Care

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								27,295.0856	D
Common Stock								15,998.3673(1)	I	By Retirement Plan Trustee
Common Stock								2,862.8125(1)	I	By Spouse, By Retirement Plan Trustees

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$153.18	10/01/2025		A		62,338		09/29/2028	10/01/2035	Common Stock	62,338	$0	62,338	D

Explanation of Responses:

1. Reflects adjustment to PST through September 30, 2025.

	/s/ Wednesday Shipp, attorney-in-fact for Ma. Fatima Francisco	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for Procter & Gamble (PG) filed 10/02/2025 report?

It reported a disposition of 27,295.0856 common shares and an option exercise resulting in 62,338 directly held shares, with adjustments through 9/30/2025.

How many shares were acquired by Ma. Fatima Francisco on 10/01/2025?

An acquisition via stock option exercise produced 62,338 common shares at an exercise price of $153.18.

What indirect holdings does the filing show for the reporting person?

The filing reports 15,998.3673 shares held by a retirement plan trustee and 2,862.8125 shares held indirectly by spouse and plan trustees.

Who signed the Form 4 and when was it signed?

The form was signed by Wednesday Shipp, attorney-in-fact for Ma. Fatima Francisco on 10/02/2025.

What does the filing’s explanatory note state?

The note states: 'Reflects adjustment to PST through September 30, 2025.'