Colgate-Palmolive (NYSE: CL) director awarded 209 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COLGATE PALMOLIVE CO director Brian Newman reported a routine compensation-related equity grant. He acquired 209 shares of common stock at $89.45 per share as a grant or award, representing a portion of his annual cash retainer deferred into a stock unit account under the Deferred Compensation Plan for Non-Employee Directors.
Following this grant, Newman directly holds 7,831 shares of Colgate-Palmolive common stock. He is also shown with indirect ownership of 36 shares held by a family trust. These entries reflect compensation and holding disclosures rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Newman Brian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 209 | $89.45 | $19K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,831 shares (Direct, null);
Common Stock — 36 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 209 shares
Grant valuation price: $89.45 per share
Direct holdings after grant: 7,831 shares
+1 more
4 metrics
Stock grant size
209 shares
Grant, award, or other acquisition of common stock
Grant valuation price
$89.45 per share
Value used for the 209-share compensation grant
Direct holdings after grant
7,831 shares
Common stock held directly following the transaction
Indirect family trust holdings
36 shares
Common stock held indirectly by family trust
Key Terms
Deferred Compensation Plan for Non-Employee Directors, annual cash retainer, stock unit account, indirect ownership
4 terms
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Deferred Compensation Plan for Non-Employee Directors"
annual cash retainer financial
"Portion of annual cash retainer deferred to a stock unit account"
stock unit account financial
"deferred to a stock unit account pursuant to the Deferred Compensation Plan"
indirect ownership financial
"Common Stock ... indirect ... nature_of_ownership: By Family Trust"
FAQ
What insider transaction did Colgate-Palmolive (CL) director Brian Newman report?
Brian Newman reported receiving 209 shares of Colgate-Palmolive common stock as a grant or award. The shares relate to a portion of his annual cash retainer deferred into a stock unit account under the company’s Deferred Compensation Plan for Non-Employee Directors.
At what price was Brian Newman’s Colgate-Palmolive stock grant recorded?
The 209-share stock grant for Brian Newman was recorded at $89.45 per share. This reflects the value used for the compensation-related award under Colgate-Palmolive’s Deferred Compensation Plan for Non-Employee Directors, not an open-market purchase price.
Is Brian Newman’s Colgate-Palmolive transaction an open-market buy or a compensation grant?
The transaction is a compensation grant, not an open-market purchase. It is coded as a grant, award, or other acquisition and is described as a portion of his annual cash retainer deferred into a stock unit account under a deferred compensation plan for non-employee directors.
What plan governs Brian Newman’s deferred Colgate-Palmolive stock units?
The deferred stock units are governed by Colgate-Palmolive’s Deferred Compensation Plan for Non-Employee Directors. The filing notes that a portion of his annual cash retainer was deferred into a stock unit account under this plan, resulting in the 209-share grant.