Procter & Gamble (PG) Officer Reports Option Exercise and Share Sale

Rhea-AI Filing Summary

Balaji Purushothaman, Chief Human Resources Officer of Procter & Gamble (PG), reported transactions on 09/15/2025. The filing shows a disposition of 13,106.0044 shares of common stock and an acquisition by exercise of a stock option (right to buy) for 11,420 shares with a stated exercise price of $156.83. The filing also discloses 5,112.6018 shares held indirectly through a retirement plan trustee. The Form 4 was signed by an attorney-in-fact on 09/17/2025.

Positive

• Option exercise disclosed: 11,420-share stock option exercised at an exercise price of $156.83 on 09/15/2025.
• Indirect holdings disclosed: 5,112.6018 shares held through a retirement plan trustee, improving transparency.
• Form signed and filed: Filing executed by attorney-in-fact on 09/17/2025, showing timely reporting procedure.

Negative

• Share disposition reported: A disposal of 13,106.0044 common shares is shown for 09/15/2025.

Insights

Securities Analyst

TL;DR: Routine insider option exercise with concurrent share disposition; no new material corporate events disclosed.

The filing documents a common insider activity: the reporting person exercised a stock option for 11,420 shares at an exercise price of $156.83 and reported a separate disposition of 13,106.0044 common shares. Additionally, 5,112.6018 shares are held indirectly via a retirement plan trustee. This appears to be personal securities activity by an officer rather than an indicator of company-level operational change.

Corporate Governance Expert

TL;DR: Form 4 reflects standard Section 16 reporting for an officer; filings are timely and signed by attorney-in-fact.

The report includes clear identification of the filer as an officer (Chief Human Resources Officer) and shows transactions dated 09/15/2025 with the form executed on 09/17/2025. The presence of indirect holdings through a retirement plan trustee is disclosed. There are no indications of non-compliance or unusual arrangements disclosed in this Form 4.

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Purushothaman Balaji

(Last) (First) (Middle)

1 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)
	Chief Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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								13,106.0044	D
Common Stock								5,112.6018	I	By Retirement Plan Trustee

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)	$156.83	09/15/2025		A		11,420		09/15/2028	09/14/2035	Common Stock	11,420	$0	11,420	D

Explanation of Responses:

	/s/ Wednesday Shipp, as Attorney-in-fact for Balaji Purushothaman	09/17/2025
	** 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 transactions did PG insider Balaji Purushothaman report on the Form 4?

The filing reports a disposition of 13,106.0044 common shares and the exercise of a stock option for 11,420 shares on 09/15/2025.

At what price was the stock option exercised according to the Form 4?

The stock option exercise price is listed as $156.83.

Does the Form 4 disclose any indirect holdings for the reporting person at PG?

Yes. It discloses 5,112.6018 shares held indirectly through a retirement plan trustee.

Who signed the Form 4 for Balaji Purushothaman and when?

The Form 4 was signed by Wednesday Shipp, as Attorney-in-fact for Balaji Purushothaman on 09/17/2025.

What is the reporting person's role at Procter & Gamble?

The filing identifies the reporting person as an Officer, specifically the Chief Human Resources Officer.