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Colgate CEO has 12,479 shares withheld for tax

Colgate-Palmolive’s CEO had 12,479 shares withheld at $86.80 to cover taxes on vesting equity awards, with additional indirect holdings reported in plans and trusts.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

COLGATE PALMOLIVE CO (CL) reported that Chairman, President & CEO Noel R. Wallace disposed of common shares solely to cover tax obligations from equity compensation. On September 11–13, 2026, a total of 12,479 shares were withheld at $86.80 per share to pay tax on vesting restricted stock units under the issuer's incentive compensation plan. No Rule 10b5-1 trading plan is reported. Indirect holdings after these events include shares held by the issuer's 401(k) plan trustee and family trusts.

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Insights

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Insider Wallace Noel R.
Role Chairman, President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock F1 4,892 $86.80 $425K
Tax Withholding Common Stock F1 3,516 $86.80 $305K
Tax Withholding Common Stock F1 4,071 $86.80 $353K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 350,051 shares (Direct); Common Stock — 54,868 shares (Indirect, By Issuer's 401(k) Plan Trustee); Common Stock — 52,000 shares (Indirect, By Spouse Trust); Common Stock — 335 shares (Indirect, By Trust)
Footnotes (1)
  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.
Shares withheld for taxes (September 13, 2026) 4,892 shares Withholding of common stock at $86.80 per share to pay tax liability
Shares withheld for taxes (September 12, 2026) 3,516 shares Withholding of common stock at $86.80 per share to pay tax liability
Shares withheld for taxes (September 11, 2026) 4,071 shares Withholding of common stock at $86.80 per share to pay tax liability
Total shares withheld for tax liability 12,479 shares Aggregate of three code F transactions tied to RSU vesting
Per-share price for tax withholding $86.80 per share Applied to all three common stock withholding transactions
Indirect holdings via issuer's 401(k) plan trustee 54,868 shares Common stock held indirectly as of September 11, 2026
Indirect holdings via spouse trust 52,000 shares Common stock held indirectly as of September 11, 2026
Indirect holdings via trust 335 shares Common stock held indirectly as of September 11, 2026
restricted stock units financial
"incident to the vesting of restricted stock units under the issuer's"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
incentive compensation plan financial
"under the issuer's incentive compensation plan."
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
withholding of shares financial
"Withholding of shares for payment of tax liability incident to"
tax liability financial
"for payment of tax liability incident to the vesting of restricted"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Colgate-Palmolive (CL) report about CEO Noel R. Wallace’s recent share activity?

Colgate-Palmolive reported that CEO Noel R. Wallace had 12,479 common shares withheld on September 11–13, 2026 to pay tax liabilities arising from vesting restricted stock units under the company’s incentive compensation plan.

How many Colgate-Palmolive (CL) shares were used to pay the CEO’s tax liability and at what price?

A total of 12,479 shares of Colgate-Palmolive common stock were withheld at $86.80 per share to pay the CEO’s tax liability related to vesting restricted stock units.

Were Noel R. Wallace’s September 2026 Colgate-Palmolive (CL) transactions under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for the September 2026 share withholding transactions.

What indirect Colgate-Palmolive (CL) holdings are reported for Noel R. Wallace?

Reported indirect holdings include 54,868 shares held by the issuer's 401(k) plan trustee, 52,000 shares held by a spouse trust, and 335 shares held by a trust.

Do the recent Colgate-Palmolive (CL) Form 4 entries reflect open market sales by the CEO?

No. The Form 4 describes the transactions as withholding of shares for payment of tax liability incident to vesting restricted stock units, not as open market sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wallace Noel R.

(Last)(First)(Middle)
C/O COLGATE-PALMOLIVE COMPANY
300 PARK AVENUE

(Street)
NEW YORK NEW YORK 10022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COLGATE PALMOLIVE CO [ CL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/11/2026F(1)4,071D$86.8358,459D
Common Stock09/12/2026F(1)3,516D$86.8354,943D
Common Stock09/13/2026F(1)4,892D$86.8350,051D
Common Stock54,868IBy Issuer's 401(k) Plan Trustee
Common Stock52,000IBy Spouse Trust
Common Stock335IBy Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Withholding of shares for payment of tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan.
/s/ Kristine Hutchinson, Attorney-in-Fact09/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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