Procter & Gamble HR Chief Receives 39,160 Stock Options

Procter & Gamble (NYSE: PG)'s Chief Human Resources Officer, Balaji Purushothaman, received a significant stock option award on October 1, 2026. The award consisted of 39,160 stock options, each with an exercise price of $143.95 per share. These options become exercisable on October 1, 2029, and will expire on October 1, 2036.

As of the award date, Purushothaman reported direct ownership of 15,477 common shares and indirect ownership of 5,820 common shares held by a retirement plan trustee. The stock options represent a substantial potential benefit, contingent on the future performance of Procter & Gamble's stock.

The exercise price of $143.95 is the fixed amount at which Purushothaman can purchase the shares, a key factor in determining the profitability of exercising the options. The options are a form of compensation commonly used to align the interests of executives with those of shareholders.