Colgate-Palmolive (CL) Officer Withholds 1,421 Shares at $83.28
Tsourapas Panagiotis, an officer (COO, Eur., APac, Afr Eur, Skin) of Colgate-Palmolive Company (CL), reported routine withholding of shares to cover taxes on vested restricted stock units.
Rhea-AI Filing Summary
Tsourapas Panagiotis, an officer (COO, Eur., APac, Afr Eur, Skin) of Colgate-Palmolive Company (CL), reported routine withholding of shares to cover taxes on vested restricted stock units. On 09/12/2025, 521 shares were withheld at $83.28 and on 09/13/2025, 900 shares were withheld at $83.28. Following these transactions the reporting person directly beneficially owned 11,475 shares and indirectly owned 4,509 shares through the issuer's 401(k) plan trustee and 60,745 shares via a trust. The filing was signed by an attorney-in-fact on 09/16/2025.
Positive
- Timely and transparent disclosure of insider transactions, filed and signed appropriately.
- Transactions were tax-withholding related, indicating non-discretionary disposals rather than voluntary sales.
Negative
- Direct holdings decreased by 1,421 shares due to withholding, which modestly reduces the reporting person's immediate stake.
Insights
TL;DR Routine tax-withholding disposals; immaterial to company valuation.
The reported disposals of 521 and 900 shares at $83.28 are described as withholding to satisfy tax liabilities on vested restricted stock units. Such transactions are standard, non-discretionary actions and do not indicate opportunistic selling by the officer. The remaining direct and indirect holdings, totaling 76,729 shares, maintain alignment with long-term ownership interests.
TL;DR Compliance-focused disclosure; no governance red flags.
The Form 4 shows timely reporting and a clear explanation that withholdings were for tax obligations. There is no indication of material changes in control or related-party transactions. The signature by an attorney-in-fact is properly executed per the form. Overall governance implications are neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 900 | $83.28 | $75K |
| Exercise Price or Tax Liability | Common Stock | 521 | $83.28 | $43K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Withholding of shares for payment of tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.