Colgate-Palmolive (NYSE: CL) officer to sell 10,000 shares
Rhea-AI Filing Summary
COLGATE PALMOLIVE CO (CL) insider Panagiotis Tsourapas filed a notice of proposed sale of 10,000 shares of common stock of Colgate-Palmolive. The shares are to be sold through Merrill Lynch on the NYSE, with an aggregate market value listed as $920,477.17.
The filing also lists equity awards that will provide shares in the future, including 799 shares from vesting of restricted stock unit awards on 09/13/2024 and 9,201 shares from vesting of performance share unit awards on 02/23/2026, all granted under Colgate-Palmolive’s equity compensation plan.
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Key Figures
Common stock shares to be sold: 10,000 shares
Aggregate market value: $920,477.17
CUSIP: 797172829
+4 more
7 metrics
Common stock shares to be sold
10,000 shares
Shares of Colgate-Palmolive common stock covered by the Form 144 notice
Aggregate market value
$920,477.17
Aggregate market value for 10,000 Colgate-Palmolive shares in the Form 144
CUSIP
797172829
CUSIP number associated with Colgate-Palmolive common stock in the filing
RSU vesting shares
799 shares
Shares from vesting of restricted stock unit awards on 09/13/2024
PSU vesting shares
9,201 shares
Shares from vesting of performance share unit awards on 02/23/2026
RSU vesting date
09/13/2024
Vesting date for 799 restricted stock unit award shares
PSU vesting date
02/23/2026
Vesting date for 9,201 performance share unit award shares
Key Terms
Rule 144, restricted stock unit awards, performance share unit awards, equity compensation plan
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock unit awards financial
"Vesting of restricted stock unit awards | COLGATE PALMOLIVE CO"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
equity compensation plan financial
"Granted as part of issuer equity compensation plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
FAQ
What does Colgate-Palmolive (CL) insider Panagiotis Tsourapas plan to sell under this Form 144?
The notice covers a proposed sale of 10,000 shares of Colgate-Palmolive common stock, to be sold through Merrill Lynch on the NYSE, with an aggregate market value shown as $920,477.17 at the time of the filing.
Which equity awards for Colgate-Palmolive (CL) are referenced in this Form 144?
The filing lists restricted stock unit awards and performance share unit awards granted under Colgate-Palmolive’s equity compensation plan, with 799 shares vesting on 09/13/2024 and 9,201 shares vesting on 02/23/2026.
Who is the reporting person in this Colgate-Palmolive (CL) Form 144 filing?
The Form 144 identifies Panagiotis Tsourapas as the person for whose account the Colgate-Palmolive common stock is to be sold, and indicates that this person is an officer of the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.