Procter & Gamble Officer Andre Schulten Files Form 144 to Sell $10.5M in Stock

Executive Summary

On November 2, 2026, Andre Schulten, an Officer at Procter & Gamble Co ($PG), filed a Form 144 detailing a planned sale of 64,301 shares of Common Stock with an estimated aggregate market value of $10,493,601.70.

Transaction Details

• Security: Common Stock
• Number of Shares: 64,301
• Estimated Aggregate Market Value: $10,493,601.70 (~$163.19 per share)
• Nature of Acquisition: Exercise and sale of employee stock options directly from the issuer.
• Approximate Date of Sale: November 3, 2026
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services

Prior Sales Within Past 3 Months

• October 5, 2026: Sold 3,914 shares for gross proceeds of $568,860.76
• August 20, 2026: Sold 5,402 shares for gross proceeds of $776,753.58

Market & Trading Significance

This proposed transaction carries Medium significance. While the $10.49M transaction represents a substantial dollar amount, the sale stems directly from stock option exercises scheduled for the same date. Such option exercise-and-sell activities are standard executive compensation realization practices and typically represent programmatic liquidity rather than a directional sentiment shift.