Colgate-Palmolive (CL) growth chief sells 20,989 exercised shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive Chief Growth Officer Hazlin John exercised stock options for 20,989 shares of common stock at $76.41 per share on February 10, 2026, then sold 20,989 shares at a weighted average price of $94.2499 per share. A portion of the sale proceeds was delivered to the company to pay the option exercise price and related tax withholding. After these transactions, John directly owned 17,645 shares and indirectly held 5,452 shares through the issuer's 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,989 shares ($1,978,211)
Net Sell
4 txns
Insider
Hazlin John
Role
Chief Growth Officer
Sold
20,989 shs ($1.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 20,989 | $0.00 | -- |
| Exercise | Common Stock | 20,989 | $76.41 | $1.60M |
| Sale | Common Stock | 20,989 | $94.2499 | $1.98M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 38,634 shares (Direct);
Common Stock — 5,452 shares (Indirect, By Issuer's 401(k) Plan Trustee)
Footnotes (1)
- Exercise of stock options awarded under the issuer's incentive compensation plan. Sale of shares with a portion of the proceeds delivered to the issuer for payment of the exercise price of options under the issuer's incentive compensation plan and the related tax withholding. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $94.19 to $94.30 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote. Option became exercisable in one-third increments beginning on the first anniversary of the September 10, 2020 grant date.
FAQ
What insider transaction did Hazlin John report at Colgate-Palmolive (CL)?
Hazlin John reported exercising stock options for 20,989 Colgate-Palmolive shares and selling 20,989 common shares on February 10, 2026. The sale followed the option exercise and was executed at a weighted average price of $94.2499 per share.
What stock options did Hazlin John exercise in this Colgate-Palmolive (CL) Form 4?
He exercised a stock option for 20,989 Colgate-Palmolive shares at an exercise price of $76.41 per share. These options were granted under the company’s incentive compensation plan and became exercisable in one-third increments after the September 10, 2020 grant date.
Were the sale proceeds from Hazlin John’s Colgate-Palmolive (CL) trade used to cover costs?
Yes. The filing states that a portion of the sale proceeds was delivered to Colgate-Palmolive to pay the exercise price of the options and the related tax withholding, as part of the company’s incentive compensation plan.
What happened to Hazlin John’s Colgate-Palmolive (CL) stock option position after the transaction?
After exercising the option covering 20,989 shares, Hazlin John no longer held this stock option position. The number of derivative securities beneficially owned following the transaction is shown as zero in the Form 4.