Colgate (CL) CLO exercises options and sells 22,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive’s Chief Legal Officer and Secretary, Jennifer Daniels, reported an option exercise and share sale. On February 4, 2026, she exercised stock options for 22,000 shares of common stock at $72.29 per share under the company’s incentive plan, increasing her direct holdings to 98,406 shares.
That same day, she sold 22,000 shares of common stock at a weighted average price of $94.3363 per share in multiple transactions, leaving 76,406 shares held directly. A footnote explains that part of the sale proceeds went to Colgate-Palmolive to cover the option exercise price and related tax withholding. She also holds 1,837 shares indirectly through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,000 shares ($2,075,399)
Net Sell
4 txns
Insider
Daniels Jennifer
Role
CLO and Secretary
Sold
22,000 shs ($2.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 22,000 | $0.00 | -- |
| Exercise | Common Stock | 22,000 | $72.29 | $1.59M |
| Sale | Common Stock | 22,000 | $94.3363 | $2.08M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 98,406 shares (Direct);
Common Stock — 1,837 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 $94.32 to $94.42, 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 12, 2019 grant date.
FAQ
What insider transaction did Colgate-Palmolive (CL) CLO Jennifer Daniels report?
Jennifer Daniels reported exercising stock options for 22,000 Colgate-Palmolive shares and then selling 22,000 shares the same day. The activity reflects routine use of equity compensation rather than a new company-level business development.
What happened to Jennifer Daniels’ Colgate-Palmolive (CL) stock options in this transaction?
She exercised an option covering 22,000 shares of Colgate-Palmolive common stock at $72.29 per share, reducing her outstanding derivative position to zero. The option had become exercisable in one-third increments starting one year after its September 12, 2019 grant date.