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PG (NYSE: PG) health care CEO Paul Gama details stock, options and RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

PROCTER & GAMBLE Co executive Paul Gama has filed an initial ownership report showing his equity interests in the company. As CEO – Health Care, he directly holds 35,950.5707 shares of common stock, plus multiple stock options on common shares with exercise prices such as $113.23 and $139.58 expiring between 2030 and 2033. He also holds various Restricted Stock Units that generally settle in P&G common stock or cash under the company’s retirement programs, and additional common and preferred stock are held indirectly through a retirement plan trustee.

Positive

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Insider Gama Paul
Role CEO- Health Care
Type Security Shares Price Value
holding Restricted Stock Units -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Restricted Stock Units -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Restricted Stock Units -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Restricted Stock Units -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Restricted Stock Units -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Series A Preferred Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 78.723 shares (Direct); Stock Option (Right to Buy) — 6,807 shares (Direct); Series A Preferred Stock — 221.638 shares (Indirect, By Retirement Plan Trustee); Common Stock — 35,950.571 shares (Direct); Common Stock — 967.477 shares (Indirect, By Retirement Plan Trustee)
Footnotes (1)
  1. These units will deliver in shares on retirement from the company, unless delivery is deferred or such shares are contributed to reporting person's deferred compensation account. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2020. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2021. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2022. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2023. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2024. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2025. Dividend equivalents in the form of Restricted Stock Units (RSUs) previously awarded pursuant to issuer's retirement program. All such RSUs represent a contingent right to receive Procter & Gamble common stock. Series A Preferred Stock allocated to Officer's Retirement Plan Account pursuant to formula award provisions. Shares held by Retirement Plan Trustees. If Officer terminates employment and elects distribution of shares, or, if after age 50 elects alternative investment within Plan, Preferred Stock converted/redeemed at specified conversion/exercise price.
Direct common stock 35,950.5707 shares Directly held PG common stock reported on Form 3
Indirect common stock 967.4770 shares Common stock held indirectly by retirement plan trustee
Option tranche 1 6,807 shares at $113.23 Stock Option (Right to Buy), expires 2030-02-28
Option tranche 2 8,250 shares at $139.24 Stock Option (Right to Buy), expires 2030-10-01
Option tranche 3 29,263 shares at $139.58 Stock Option (Right to Buy), expires 2031-10-01
Option tranche 4 21,968 shares at $145.19 Stock Option (Right to Buy), expires 2033-09-30
Option tranche 5 8,567 shares at $173.04 Stock Option (Right to Buy), expires 2034-09-29
Indirect preferred underlying 221.6380 shares Common stock underlying Series A Preferred Stock held indirectly
Restricted Stock Units financial
"Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) on P&G common stock with stated exercise prices and expirations."
Series A Preferred Stock financial
"Series A Preferred Stock allocated to Officer's Retirement Plan Account pursuant to formula award provisions."
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
Retirement Plan Trustees financial
"Shares held by Retirement Plan Trustees. If Officer terminates employment and elects distribution of shares..."
dividend equivalents financial
"Dividend equivalents in the form of Restricted Stock Units (RSUs) previously awarded pursuant to issuer's retirement program."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Gama Paul

(Last)(First)(Middle)
ONE PROCTER & GAMBLE PLAZA

(Street)
CINCINNATI OHIO 45202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026
3. Issuer Name and Ticker or Trading Symbol
PROCTER & GAMBLE Co [ PG ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO- Health Care
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock35,950.5707D
Common Stock967.477IBy Retirement Plan Trustee
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) (1)Common Stock78.7232(2)D
Stock Option (Right to Buy)02/28/202302/28/2030Common Stock6,807$113.23D
Stock Option (Right to Buy)09/29/202310/01/2030Common Stock8,250$139.24D
Stock Option (Right to Buy)09/15/202309/13/2030Common Stock7,482$138.63D
Restricted Stock Units (1) (1)Common Stock112.7438(3)D
Stock Option (Right to Buy)10/01/202410/01/2031Common Stock29,263$139.58D
Stock Option (Right to Buy)09/13/202409/15/2031Common Stock21,613$145.12D
Restricted Stock Units (1) (1)Common Stock136.8859(4)D
Stock Option (Right to Buy)10/01/202510/01/2032Common Stock22,399$128.51D
Restricted Stock Units (1) (1)Common Stock158.8769(5)D
Stock Option (Right to Buy)10/02/202609/30/2033Common Stock21,968$145.19D
Restricted Stock Units (1) (1)Common Stock171.9344(6)D
Stock Option (Right to Buy)10/01/202709/29/2034Common Stock8,567$173.04D
Restricted Stock Units (1) (1)Common Stock208.9207(7)D
Restricted Stock Units (1) (1)Common Stock58.4472(8)D
Series A Preferred Stock (9) (9)Common Stock221.638(10)IBy Retirement Plan Trustee
Explanation of Responses:
1. These units will deliver in shares on retirement from the company, unless delivery is deferred or such shares are contributed to reporting person's deferred compensation account.
2. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2020.
3. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2021.
4. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2022.
5. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2023.
6. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2024.
7. Retirement award in the form of Restricted Stock Units which represent a contingent right to receive P&G common stock or cash settlement. Amount and price computed per benefit formula for plan year ended 6/30/2025.
8. Dividend equivalents in the form of Restricted Stock Units (RSUs) previously awarded pursuant to issuer's retirement program. All such RSUs represent a contingent right to receive Procter & Gamble common stock.
9. Series A Preferred Stock allocated to Officer's Retirement Plan Account pursuant to formula award provisions.
10. Shares held by Retirement Plan Trustees. If Officer terminates employment and elects distribution of shares, or, if after age 50 elects alternative investment within Plan, Preferred Stock converted/redeemed at specified conversion/exercise price.
/s/ Wednesday Shipp, attorney-in-fact for Paul Gama04/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Form 3 filed by PG’s Paul Gama report?

The Form 3 reports Paul Gama’s initial ownership in PROCTER & GAMBLE Co, including common stock, stock options, Restricted Stock Units, and retirement-plan holdings. It lists current positions only, with no new purchases or sales disclosed in this filing.

How many PG common shares does Paul Gama directly hold?

Paul Gama directly holds 35,950.5707 shares of PROCTER & GAMBLE common stock. This position is separate from his stock options, Restricted Stock Units, and any additional indirect holdings managed by a retirement plan trustee on his behalf.

What stock options for PG does Paul Gama report on this Form 3?

Paul Gama reports several stock option awards on PROCTER & GAMBLE common stock, including 6,807 underlying shares at a $113.23 exercise price and 29,263 underlying shares at $139.58, with expirations ranging from 2030 to 2033 according to the individual option grants.

What are the Restricted Stock Units shown for PG’s Paul Gama?

The Restricted Stock Units represent contingent rights to receive PROCTER & GAMBLE common stock or cash under retirement and dividend-equivalent programs. Footnotes explain these RSUs generally deliver on retirement, based on benefit formulas for plan years ended between June 30, 2020 and June 30, 2025.

What indirect PG holdings does Paul Gama have through a retirement plan trustee?

Indirectly, Paul Gama has Series A preferred stock and 967.4770 shares of PROCTER & GAMBLE common stock held by retirement plan trustees. Footnotes state these plan allocations follow formula awards, with preferred stock convertible or redeemable into common shares at specified terms.

Does Paul Gama’s Form 3 indicate recent insider buying or selling of PG shares?

No transaction codes showing purchases or sales appear in the data; all entries are categorized as holdings. The Form 3 functions as an initial statement of Paul Gama’s existing equity positions in PROCTER & GAMBLE rather than a report of recent trades.