Summary by Futu AI
On December 19, 2024, Balaji Purushothaman, Chief Human Resources Officer of Procter & Gamble, exercised and subsequently sold 31.18 shares of common stock. The transactions were executed at $169.79 per share, resulting in a total market value of $5,294.05 for the disposed shares.Following these transactions, Purushothaman directly owns 11,595.4304 shares of P&G common stock. Additionally, he indirectly holds 4,537.975 shares through a retirement plan trustee. The exercise was conducted through the conversion of derivative securities, while the sale was made to cover the exercise price or tax liability.These transactions have been reported as completed, reflecting a balanced approach to stock option management by the executive. The actions align with common practices for insider transactions related to employee stock options and tax obligations.