Coombe Gary A 4
Research Summary
AI-generated summary
Procter & Gamble CEO Gary Coombe Sells 36,093 Shares After Option Exercise
What Happened
Gary A. Coombe, CEO – Grooming at Procter & Gamble (PG), exercised stock options and immediately sold the resulting 36,093 shares on Feb 12, 2026. He paid $78.52 per share to exercise (cost ≈ $2,834,022) and sold the same 36,093 shares in the open market at a weighted average price of $162.33 for gross proceeds of about $5,859,002. The filing also shows a related derivative disposition entry tied to the exercise and a small earlier RSU-type grant from Nov 17, 2025.
Key Details
- Transaction date: 2026-02-12 (filed 2026-02-13 — timely filing).
- Exercise: 36,093 shares at $78.52 → $2,834,022 paid.
- Sale: 36,093 shares at weighted avg $162.33 → ~$5,859,002 proceeds (price range reported $162.33–$162.35).
- Related entries: a derivative disposition at $0 associated with the exercise; a prior grant (63.689 units) dated 2025-11-17 (derivative/RSU).
- Shares owned after the transaction: not specified in the provided filing summary — see the full Form 4 for exact post-transaction holdings.
- Footnotes: filing references dividend-equivalent RSUs and dividend reinvestment adjustments (see footnotes F1–F6 in the filing for details).
Context
- This was a cashless exercise: shares were acquired via exercise of a derivative (option/award) and the same shares were sold immediately in the open market. Such transactions commonly reflect routine liquidity or tax-withholding actions rather than a directional view on the stock.
- Derivative entries in the filing reflect the mechanics of exercising awards and settling related units; consult the full Form 4 for complete tax-withholding or retirement-delivery details.