P&G Insider Sells $579K Worth of Shares to Cover Tax Obligations
Procter & Gamble (NYSE:PG) insider Marc Pritchard sold $579,473.70 worth of shares on August 20th. The sale consisted of 4,030 shares at an average price of $143.79.
The transaction was made to cover tax withholding obligations related to the vesting of equity awards. Following the sale, Pritchard directly owned 187,001 shares of the company's stock, valued at $26,888,873.79.
This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission.