Procter & Gamble Chairman Sells Shares Worth Hundreds of Millions After Exercising Stock Options

On February 11–12, Jon R. Moeller, Chairman of Procter & Gamble’s Board of Directors, completed a cashless, simultaneous exercise-and-sale of approximately 170,000 shares by exercising his stock options and immediately selling the same number of shares in the open market. Earlier, on January 23, Chief Brand Officer Marc S. Pritchard and on February 4, Baby, Feminine & Family Care CEO Ma. Fatima Francisco each monetized shares valued at tens of millions of dollars (equivalent to hundreds of billions and tens of billions of Korean won, respectively). Despite these sales, all three executives continue to hold substantial positions—each retaining several hundred thousand shares.

In its fiscal 2026 second-quarter results announced on January 22, Procter & Gamble maintained its full-year outlook for net sales and core earnings-per-share growth and reconfirmed plans for roughly $10 billion in dividends and $5 billion in share repurchases during FY 2026. On January 13, the company also declared a quarterly dividend of $1.0568 per share, marking its 135th consecutive year of dividend payments and its 69th consecutive year of dividend growth.

A global consumer goods leader, Procter & Gamble operates in about 70 countries, leveraging a portfolio of iconic brands such as Tide, Pampers, Gillette and Oral-B. Since its founding in 1890, the company has been renowned for delivering stable dividends and cash returns, making it a cornerstone holding in the U.S. large-cap consumer staples sector.