P&G (PG) Beauty CEO Freddy Bharucha Receives RSUs

What Happened
Freddy P. Bharucha, P&G's Beauty CEO, was granted multiple awards of restricted stock units (derivative awards) during late 2025 and 2026. The filing reports six awards: 7.09 RSUs (12/03/2025), 6.219 RSUs (02/17/2026), 7.273 RSUs (05/15/2026), two small grants of 0.315 and 0.245 RSUs (07/14/2026), and a larger grant of 789 RSUs (08/06/2026). All awards show an acquisition price of $0.00 because these are grants (not purchases); the aggregate is about 810.14 RSUs. These are awards, not open‑market purchases or sales, and are typically considered routine compensation or program‑based grants rather than directional bets by the insider.

Key Details

• Transaction dates and amounts:
  • 2025-12-03: 7.09 RSUs @ $0.00
  • 2026-02-17: 6.219 RSUs @ $0.00
  • 2026-05-15: 7.273 RSUs @ $0.00
  • 2026-07-14: 0.315 RSUs @ $0.00 and 0.245 RSUs @ $0.00
  • 2026-08-06: 789 RSUs @ $0.00
• Total reported: ~810.14 RSUs granted (derivative awards, value depends on P&G share price when settled).
• Shares owned after the transactions: Not specified in the provided filing summary.
• Footnotes indicate many units are dividend equivalents settled as RSUs, include retirement‑program RSUs, adjustments to plan service/tenure (PST), and possible dividend reinvestment plan shares (see F1–F8).
• Filing was submitted 2026-08-10 for the most recent grant on 2026-08-06 (Form 4 is normally due within two business days), so this appears to be filed after that typical window.

Context

• These are award/grant transactions (code A) and are recorded as derivative interests — RSUs represent a contingent right to receive common stock (or sometimes cash) upon vesting or retirement, depending on plan rules. The $0.00 acquisition price is standard for awards.
• Awards and dividend‑equivalent RSUs are routine forms of executive compensation and do not necessarily signal the insider buying or selling stock in the open market.