Whaley Susan Street 4

What Happened

• Susan Street Whaley, Chief Legal Officer & Secretary of Procter & Gamble (PG), reported an open-market sale of 1,809 shares on 2026-02-19 at $159.46 per share, for proceeds of approximately $288,454. She also reported an award (derivative/RSU) of 11.485 units on 2026-02-17 (recorded at $0.00). The sale is a disposition of common stock; the award represents restricted stock units (RSUs) or dividend-equivalent units tied to company stock.

Key Details

• Sale: 1,809 shares disposed on 2026-02-19 at $159.46 each — total ≈ $288,454.
• Award: 11.485 RSU/derivative units granted on 2026-02-17, recorded at $0.00.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 notes inclusion of dividend equivalents settled as RSUs; F3 indicates these RSUs were previously awarded under the issuer’s retirement program and represent a contingent right to receive common stock; F4 says units will deliver in shares on retirement unless deferred or contributed to the reporting person’s deferred compensation account; F2 reflects an adjustment to PST through Dec 31, 2025.
• Filing timeliness: Report filed 2026-02-23 for a 2026-02-19 transaction — filed within the standard 2-business-day SEC Form 4 window, so appears timely.

Context

• The award is a derivative/RSU-type grant (contingent right to receive shares, often paid out at vesting or retirement), not a cash purchase. Such RSU/dividend-equivalent entries typically reflect compensation or retirement-related credits rather than open-market investment.
• The sale is a routine disposition of shares; Form 4 filings are factual disclosures and do not by themselves indicate the insider’s view of the company. Purchases generally carry more interpretive weight for bullish signals than routine sales or compensation-related awards.