P&G CFO Andre Schulten Reports Open Market Sale Of 13,041 Co's Common Shares On Aug 26 At $170/Share
Portfolio Pulse from Benzinga Newsdesk
P&G CFO Andre Schulten sold 13,041 shares of the company's common stock at $170 per share on August 26, as reported in an SEC filing.
August 27, 2024 | 1:31 pm
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P&G CFO Andre Schulten sold 13,041 shares at $170 each, which may indicate his personal financial strategy or outlook on the company's stock.
The sale of shares by a company's CFO can be perceived negatively by investors, as it might suggest a lack of confidence in the company's future stock performance. This could lead to a short-term decrease in stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90