PG Form 4 shows acquisition of 62,338 and 14,163 stock options

Rhea-AI Filing Summary

Procter & Gamble officer Keith R. Alexandra reported changes in beneficial ownership on a Form 4 covering transactions dated 10/01/2025. The filing shows a disposition of 27,529.5056 shares of common stock and indirect holdings reported as 4,479.8913, 4,895.7069, and 2,594.244 shares held via spouse and retirement plan trustee arrangements. The filing also reports two stock option acquisitions executed on 10/01/2025: 62,338 options exercisable from 09/29/2028 through 10/01/2035 (direct) and 14,163 options with the same exercisability and expiration terms (indirect by spouse). An explanatory note states the spouse/plan amounts reflect an adjustment through 09/30/2025. The form is signed by an attorney-in-fact on 10/02/2025.

Positive

• 62,338 direct stock options acquired with a defined exercise price of $153.18
• 14,163 stock options acquired indirectly by spouse, aligning household incentives with long-term vesting

Negative

• 27,529.5056 shares disposed, reducing direct share ownership reported on Form 4

Insights

Corporate Governance Analyst

Insider reported a notable sale and concurrent option grants on 10/01/2025.

The reported disposition of 27,529.5056 shares is a direct sale event disclosed on the Form 4. Such sales by senior officers are routine but material because they change reported insider exposure.

The filing also discloses indirect holdings of 4,479.8913, 4,895.7069, and 2,594.244 shares attributed to spouse and retirement plan trustee arrangements, reflecting household-level ownership disclosures required under Section 16.

Compensation & Equity Plans Specialist

Officer received equity awards: 62,338 direct options and 14,163 indirect options.

The Form 4 lists two stock option acquisitions on 10/01/2025 with an exercise price of $153.18, exercisable beginning 09/29/2028 and expiring 10/01/2035. One grant is held directly (62,338 options) and the other indirectly by spouse (14,163), which affects long-term incentive exposure.

The explanatory note states adjustments through 09/30/2025, clarifying the reported indirect share counts.

10/02/2025 - 04:53 PM

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^*

Keith R. Alexandra

(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 - Beauty

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								27,529.5056	D
Common Stock								4,479.8913(1)	I	By Retirement Plan Trustee
Common Stock								4,895.7069	I	By Spouse
Common Stock								2,594.244(1)	I	By Spouse, 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)	$153.18	10/01/2025		A		62,338		09/29/2028	10/01/2035	Common Stock	62,338	$0	62,338	D
Stock Option (Right to Buy)	$153.18	10/01/2025		A		14,163		09/29/2028	10/01/2035	Common Stock	14,163	$0	14,163	I	By Spouse

Explanation of Responses:

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

	/s/ Wednesday Shipp, attorney-in-fact for R. Alexandra Keith	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 Procter & Gamble officer Keith R. Alexandra report on Form 4 (PG)?

The Form 4 reports a disposition of 27,529.5056 common shares and the acquisition of stock options: 62,338 direct options and 14,163 indirect options, all dated 10/01/2025.

What is the exercise price and term of the stock options reported for PG?

Both reported stock option grants have an exercise price of $153.18, become exercisable on 09/29/2028, and expire on 10/01/2035.

Do indirect holdings appear in the Form 4 for Keith R. Alexandra (PG)?

Yes. The filing lists indirect beneficial ownership of 4,479.8913, 4,895.7069, and 2,594.244 shares held via spouse and retirement plan trustee arrangements, with adjustments through 09/30/2025.

When were the transactions and when was the Form 4 signed?

Transactions are dated 10/01/2025 and the Form 4 is signed by the attorney-in-fact on 10/02/2025.

Who filed the Form 4 for Keith R. Alexandra (PG)?

The Form 4 was executed by Wednesday Shipp, attorney-in-fact for R. Alexandra Keith, as indicated on the filing.