Director defers cash retainer into Colgate (CL) stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive director Lorrie M. Norrington acquired 293 shares of common stock at $89.45 per share as a grant under her compensation program. The footnote explains this represents a portion of her annual cash retainer deferred into a stock unit account under the Deferred Compensation Plan for Non-Employee Directors. Following this award, she directly holds 42,769 shares of Colgate-Palmolive common stock, indicating this is a small, routine, compensation-related transaction rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NORRINGTON LORRIE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 293 | $89.45 | $26K |
Holdings After Transaction:
Common Stock — 42,769 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 293 shares
Grant reference price: $89.45 per share
Shares owned after grant: 42,769 shares
3 metrics
Shares granted
293 shares
Non-derivative compensation grant to director on 2026-07-01
Grant reference price
$89.45 per share
Price per share used for the stock award
Shares owned after grant
42,769 shares
Director’s direct Colgate-Palmolive holdings following the transaction
Key Terms
Deferred Compensation Plan for Non-Employee Directors, stock unit account, annual cash retainer
3 terms
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Deferred Compensation Plan for Non-Employee Directors."
stock unit account financial
"Portion of annual cash retainer deferred to a stock unit account"
annual cash retainer financial
"Portion of annual cash retainer deferred to a stock unit account"
FAQ
What did Colgate-Palmolive (CL) director Lorrie M. Norrington report on this Form 4?
Director Lorrie M. Norrington reported receiving 293 Colgate-Palmolive common shares as a compensation grant. The award reflects part of her annual cash retainer, which she deferred into a stock unit account under the company’s Deferred Compensation Plan for Non-Employee Directors.
Was the Colgate-Palmolive (CL) insider transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. Norrington deferred a portion of her annual cash retainer into a stock unit account, receiving 293 shares at a reference price of $89.45 per share under the non-employee director deferred compensation plan.
What does the footnote to Lorrie M. Norrington’s Colgate-Palmolive (CL) Form 4 transaction explain?
The footnote states that the 293-share award represents a portion of Norrington’s annual cash retainer deferred to a stock unit account. This is done pursuant to Colgate-Palmolive’s Deferred Compensation Plan for Non-Employee Directors, clarifying the transaction is a standard director compensation mechanism.
Does Lorrie M. Norrington’s Colgate-Palmolive (CL) Form 4 indicate any derivative or option exercises?
No derivative or option exercises are shown in this Form 4. The filing lists only a non-derivative acquisition of 293 common shares as a grant or award. The derivative summary is empty, indicating no options or similar instruments were exercised in this report.