Procter & Gamble officer reports tax-related share sales totaling 11,463 shares
Rhea-AI Filing Summary
Keith R. Alexandra, listed as an officer (CEO - Beauty) and director of Procter & Gamble Co. (PG), reported stock sales on 08/21/2025. The Form 4 shows two non-derivative sale transactions: 10,697 shares sold at $158.159 and 766 shares sold at $158.1593, with an explanatory note stating the shares were sold to cover taxes on a stock award. Following the transactions, the filing reports 27,529.5056 shares held directly and several indirect holdings totaling 11,371.947 shares (4,895.7069; 4,408.4867; 2,562.2551) across spouse and retirement plan trustee accounts. The Form 4 is signed by an attorney-in-fact on 08/22/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider sold shares to cover taxes; transactions appear routine and not signalling a change in control or large portfolio shift.
The filing documents two sell transactions totaling 11,463 shares (10,697 and 766) executed 08/21/2025 at prices of $158.159 and $158.1593. The explanatory note explicitly states the sales were to cover taxes on a stock award, which is a common, non-dispositive reason for insider sales. Post-transaction reported direct ownership is 27,529.5056 shares and indirect holdings are itemized as 4,895.7069, 4,408.4867, and 2,562.2551. From a financial perspective, these disclosures are routine and provide transparency on insider liquidity events without indicating material corporate developments.
TL;DR Disclosure complies with Section 16 reporting norms; sale labelled as tax-related suggests permitted, non-speculative disposition.
The Form 4 identifies the reporting person as an officer and director and records sales executed 08/21/2025, with the form signed by an attorney-in-fact on 08/22/2025. The reason provided—shares sold to cover taxes on a stock award—aligns with accepted practices for withholding-related sales. The report separately lists direct and indirect beneficial ownership amounts, enhancing clarity for governance oversight. There is no indication of accelerated dispositions or atypical timing in the filing text itself.