Avoiding Insider
Trading
While working on behalf of P&G, we may become aware of material nonpublic information about P&G or other companies with whom we do business. Material nonpublic information (also known as “inside information”) is information about a company that is not known to the general public and that a reasonable investor would consider important when deciding whether to buy, sell or hold that company’s stocks, bonds, options, or other financial instruments (“securities”).
You must not buy or sell the securities of a company on the basis of material nonpublic information (known as “insider trading”).
If you reveal material nonpublic information to anyone, including any member of your immediate family or household, and that person then buys or sells securities based on that information, you may be legally liable for “tipping.”