Procter & Gamble (PG) Form 4: CFO Sell-to-Cover 4,252 Shares
Rhea-AI Filing Summary
Insider sale to cover RSU taxes. The Form 4 shows Andre Schulten, Chief Financial Officer of Procter & Gamble (PG), sold 4,252 shares of common stock on 10/02/2025 at $152.2317 per share. The filing states the sale was to cover tax obligations upon settlement of a Restricted Stock Unit award. After the sale, the reporting person beneficially owned 53,992.0273 shares directly and 6,870.6545 shares indirectly through a retirement plan trustee. The Form 4 was signed by an attorney-in-fact on 10/06/2025.
Positive
- None.
Negative
- None.
Insights
Routine tax-driven sale; maintains significant share ownership.
The reported transaction is a direct sale of 4,252 shares executed on 10/02/2025 and described as a sale to satisfy tax withholding for a settled Restricted Stock Unit award. Such sales by executives to cover taxes are a common element of compensation realization and do not, by themselves, indicate a change in company strategy.
The remaining reported holdings—53,992.0273 shares directly and 6,870.6545 indirectly—mean the executive still retains meaningful economic exposure to the company. Monitor periodic Section 16 filings for any pattern of selling that might alter governance signals over a 6–12 month horizon.
Sale aligns with RSU tax-withholding practice; tax withholding amount not disclosed.
The filing explicitly states the shares were "sold to cover tax obligations upon settlement of Restricted Stock Unit Award," indicating a net-share settlement or sell-to-cover execution. The per-share price reported is $152.2317, which sets the gross proceeds for the transaction but the filing does not disclose the exact tax liability amount withheld.
Investors watching dilution or compensation expense effects should refer to periodic filings that disclose RSU grants and share-based compensation expense; this single Form 4 shows the mechanical tax-withholding step, typically completed at settlement dates within the award schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,252 | $152.2317 | $647K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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