Shailesh Jejurikar, Chief Operating Officer at Procter & Gamble (NYSE:PG), reported a large insider sell on August 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Jejurikar sold 11,522 shares of Procter & Gamble. The total transaction amounted to $1,775,926.
Procter & Gamble shares are trading up 0.08% at $154.47 at the time of this writing on Friday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be ...