Summary of insider activity
Procter & Gamble’s Chief Human Resources Officer, Balaji Purushothaman, executed a sale of 12,827 shares of the company’s common stock on February 11, 2026. The shares were disposed of at a weighted average price of $160.3093, with execution prices spanning from $160.30 to $160.36, producing proceeds of $2,056,287.
Concurrent option exercise
On the same date, Purushothaman exercised stock options to obtain 12,827 shares of Procter & Gamble common stock at an exercise price of $91.07 per share, for an aggregate option exercise value of $1,168,154.
Post-transaction holdings
After accounting for both the sale and the option exercise, Purushothaman’s reported holdings include a direct ownership stake of 12,638.8004 shares and an indirect holding of 5,223.363 shares held through a retirement plan trustee.
Company results reported alongside the filings
Separately from the insider filings, Procter & Gamble disclosed its fiscal second-quarter 2026 results. The company reported earnings per share of $1.88, which modestly exceeded the consensus estimate of $1.86. However, revenue for the quarter was reported at $22.2 billion, falling short of the expected $22.34 billion.
Analyst reactions noted in filings
Following the quarter, several Wall Street firms adjusted their assessments of Procter & Gamble. UBS raised its price target to $170 while maintaining a Buy rating. Wells Fargo increased its target to $165 with an Overweight rating. BofA Securities nudged its target up to $171 and kept a Buy rating. JPMorgan upgraded the stock to Overweight, citing the potential for improved organic sales growth and better margins in the medium term.
What the public record shows and what it does not
The regulatory filings provide transaction-level detail on the sale and option exercise and disclose updated ownership amounts. They do not include explanatory commentary from the officer on motivations for the sale or the option exercise. Likewise, the filings and the company’s reported quarter present financial metrics and analysts’ revised views, but do not connect the insider activity to the company’s quarterly performance.
Contextual note
The available documentation is limited to the figures and statements recorded: specific share counts and prices for the transactions on February 11, 2026; the officer’s resulting direct and indirect holdings; the company’s fiscal second-quarter 2026 EPS and revenue versus consensus figures; and the analysts’ updated price targets and ratings as reported.