Procter & Gamble Awards 69,780 Stock Options to CEO Sundar Raman
Procter & Gamble (PG) CEO-Fabric Home & Habitat Care Sundar G. Raman received a significant stock options award on October 1, 2026. The award consisted of 69,780 stock options, each with an exercise price of $143.95 per share. These options are set to become exercisable on October 1, 2029, and will expire on October 1, 2036.
The filing also details Raman's existing holdings, which include 47,745 common shares held directly and 9,146 shares held indirectly through a Retirement Plan Trustee. The stock options represent a substantial addition to his current stake in the company, reflecting his role and contributions as a key executive.
The exercise price of $143.95 is the fixed amount at which Raman can buy the shares when exercising the options. This price will determine the profitability of the exercise based on the market price at the time of execution. The expiration date of October 1, 2036, sets the deadline for utilizing these options, after which they will no longer be valid.