Colgate CLO reports stock award and tax withholding
Colgate-Palmolive’s Chief Legal Officer and Secretary Jennifer Daniels reported equity compensation activity in Common Stock.
Rhea-AI Filing Summary
Colgate-Palmolive’s Chief Legal Officer and Secretary Jennifer Daniels reported equity compensation activity in Common Stock. She acquired 25,742 shares through the vesting of previously granted performance-based restricted stock units that were earned under the company’s incentive compensation plan and settled in stock. To cover tax liabilities from this vesting, 12,351 shares were withheld at a price of $97.10 per share. After these transactions, she directly held 89,844 shares and indirectly held 1,837 shares through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,742 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,351 | $97.10 | $1.20M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents vesting of a previously-granted performance-based restricted stock unit ("PBRSU") that was earned under the issuer's incentive compensation plan based on the achievement of performance goals for a completed performance period. The earned PBRSUs are settled solely in shares of Common Stock.
- F2. Withholding of shares for payment of tax liability incident to the vesting of PBRSUs under the issuer's incentive compensation plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CL’s Jennifer Daniels report on this Form 4?
Was the CL Form 4 for Jennifer Daniels an open-market stock purchase or sale?
What price was used for the tax-withholding disposition in the CL Form 4?
What type of equity award vested for CL officer Jennifer Daniels?
AI-generated analysis. How Rhea-AI works. Not financial advice.