Insider linked to Colgate-Palmolive (CL) plans $9.2M Rule 144 stock sale after option exercise
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Colgate-Palmolive common stock is being prepared for sale under Rule 144 following an option exercise. A holder plans to sell 97,843 shares of Colgate-Palmolive common stock through Merrill Lynch on the NYSE, with an aggregate market value of $9,223,283.80.
The shares were acquired on 02/04/2026 via an exercise of employee stock options in a broker-assisted cashless transaction, with payment made the same day. Colgate-Palmolive had 806,064,942 shares of common stock outstanding, providing context for the size of this planned sale under Rule 144.
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FAQ
What does the Form 144 filing for Colgate-Palmolive (CL) disclose?
The filing discloses a planned Rule 144 sale of 97,843 Colgate-Palmolive common shares with an aggregate market value of $9,223,283.80, following an employee stock option exercise and broker-assisted cashless transaction on 02/04/2026.