Procter & Gamble Legal Chief Sells Shares to Cover Tax Obligations

Procter & Gamble (PG) Chief Legal Officer and Secretary Susan Street Whaley sold 2,369 shares of the company's common stock on October 5, 2026. The shares were sold at $145.34 each, totaling approximately $344,000. The sale was made to cover tax obligations arising from the settlement of a restricted stock unit award.

Following the transaction, Whaley's direct holdings in Procter & Gamble common stock amounted to 30,730 shares. Additionally, she holds 7,254 shares indirectly through the Retirement Plan Trustee, reflecting an adjustment through September 30, 2026.

A restricted stock unit award is a form of compensation where a company promises to give an employee a specified number of shares at a future date, contingent on meeting certain conditions such as employment tenure or performance goals. These awards can impact the total number of shares outstanding and align the interests of employees with those of shareholders.