Director at Colgate-Palmolive (NYSE: CL) receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive director Christopher S. Boerner reported equity compensation awards. He received an annual director stock grant of 1,383 shares of common stock under the company’s incentive compensation plan, leaving him with 1,383 common shares directly owned after the award.
He was also granted a stock option for 2,020 shares of common stock with an exercise price of $86.74 per share, expiring on May 11, 2034. The option becomes exercisable in equal annual installments over three years, beginning on the first anniversary of the May 11, 2026 grant date. These are compensation-related awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BOERNER CHRISTOPHER S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,020 | $0.00 | -- |
| Grant/Award | Common Stock | 1,383 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,020 shares (Direct, null);
Common Stock — 1,383 shares (Direct, null)
Footnotes (1)
- Annual director stock grant under the issuer's incentive compensation plan. Annual director stock option grant under the issuer's incentive compensation plan. Option becomes exercisable in equal annual installments over three years beginning on the first anniversary of the May 11, 2026 grant date.
Key Figures
Director stock grant: 1,383 shares
Common shares held: 1,383 shares
Stock option grant size: 2,020 shares
+3 more
6 metrics
Director stock grant
1,383 shares
Annual director stock grant of common stock
Common shares held
1,383 shares
Total common stock directly owned after grant
Stock option grant size
2,020 shares
Annual director stock option covering common stock
Option exercise price
$86.74 per share
Stock option (right to buy) strike price
Option expiration
May 11, 2034
Stock option expiration date
Vesting period
3 years
Equal annual installments starting first anniversary of May 11, 2026 grant date
Key Terms
incentive compensation plan, Annual director stock grant, Stock Option (Right to Buy), exercisable in equal annual installments
4 terms
incentive compensation plan financial
"Annual director stock grant 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.
Annual director stock grant financial
"Annual director stock grant under the issuer's incentive compensation plan."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
exercisable in equal annual installments financial
"Option becomes exercisable in equal annual installments over three years"
FAQ
What did Colgate-Palmolive (CL) director Christopher S. Boerner report in this Form 4?
Christopher S. Boerner reported receiving equity compensation awards, not open-market trades. He was granted 1,383 shares of common stock and a stock option for 2,020 shares under Colgate-Palmolive’s incentive compensation plan as part of his annual director compensation.
What are the key terms of Christopher S. Boerner’s new Colgate-Palmolive stock option?
He was granted a stock option covering 2,020 shares of Colgate-Palmolive common stock at an exercise price of $86.74 per share. The option expires on May 11, 2034 and vests in equal annual installments over three years starting one year after the grant date.
Is Christopher S. Boerner’s Form 4 for Colgate-Palmolive a stock purchase or compensation award?
The filing reflects compensation awards, not an open-market stock purchase. It records an annual director stock grant of 1,383 shares and an annual stock option grant for 2,020 shares, both made under Colgate-Palmolive’s incentive compensation plan.
How does the vesting schedule work for Christopher S. Boerner’s Colgate-Palmolive stock option grant?
The option becomes exercisable in three equal annual installments. Vesting begins on the first anniversary of the May 11, 2026 grant date, so one-third vests each year over three years, aligning with typical multi-year director compensation structures.