Procter & Gamble officer sale: 10,194 shares to cover taxes
Rhea-AI Filing Summary
Gary A. Coombe, an officer (CEO - Grooming) of Procter & Gamble Co (PG), reported a sale of 10,194 shares of P&G common stock on 08/21/2025 at a price of $158.159 per share. After the sale, Mr. Coombe's direct beneficial ownership is reported as 34,978.145 shares. He also reports indirect holdings of 477.661 shares held by a retirement plan trustee and 1,295.35 shares held in an International Stock Ownership Plan and Pension Plan (Switzerland). The filing states the shares were sold to cover taxes on a stock award. The form was signed by an attorney-in-fact on behalf of Mr. Coombe on 08/22/2025.
Positive
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Negative
- None.
Insights
TL;DR: Routine tax-covering insider sale; small relative to total outstanding shares and reported as Section 16 disclosure.
The filing documents an insider sale of 10,194 shares at $158.159 to cover tax obligations tied to a stock award. This is presented as a tax-related disposal rather than a discretionary liquidity event. The report details remaining direct and indirect holdings, which preserves transparency required under Section 16. Given the limited size disclosed and the stated tax purpose, the transaction appears procedural and not indicative of a material change in insider conviction.
TL;DR: Disclosure complies with Form 4 requirements; explicit tax-sale explanation reduces governance concern.
The Form 4 includes the required identifiers, relationship to the issuer, transaction date, number of shares sold, price, and an explicit explanation that shares were sold to cover taxes on a stock award. The presence of an attorney-in-fact signature is properly noted. From a governance perspective, the clear explanation and timely filing support compliance and investor transparency. No additional governance red flags are evident from the document alone.