Colgate-Palmolive (NYSE: CL) director granted stock and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive director Harris C. Martin received new equity awards. On May 11, 2026, he was granted 1,556 shares of Common Stock as an annual director stock grant under the company’s incentive compensation plan.
He was also granted stock options for 2,424 shares of Common Stock with an exercise price of $86.74 per share, expiring on May 11, 2034. These options become exercisable in equal annual installments over three years beginning on the first anniversary of the grant date. Following the stock grant, he directly holds 24,517 common shares, plus the newly granted options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HARRIS C MARTIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,424 | $0.00 | -- |
| Grant/Award | Common Stock | 1,556 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,424 shares (Direct, null);
Common Stock — 24,517 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: 1,556 shares
Stock options granted: 2,424 options
Option exercise price: $86.74 per share
+2 more
5 metrics
Director stock grant
1,556 shares
Annual director stock grant on May 11, 2026
Stock options granted
2,424 options
Stock Option (Right to Buy) granted May 11, 2026
Option exercise price
$86.74 per share
Exercise price for 2,424 stock options
Shares held after grant
24,517 shares
Total direct Common Stock holdings after equity grant
Option expiration date
May 11, 2034
Expiration of stock options for 2,424 shares
Key Terms
incentive compensation plan, Annual director stock grant, stock option, 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 financial
"Annual director stock option grant under the issuer's incentive compensation plan."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercisable in equal annual installments financial
"Option becomes exercisable in equal annual installments over three years beginning on the first anniversary"
FAQ
What did Colgate-Palmolive (CL) director Harris C. Martin report in this Form 4?
He reported receiving equity awards as director compensation, including 1,556 shares of Common Stock and stock options for 2,424 shares. These were granted under Colgate-Palmolive’s incentive compensation plan on May 11, 2026.
What are the terms of the new stock options granted to the Colgate-Palmolive (CL) director?
He received options covering 2,424 shares of Common Stock at an exercise price of $86.74 per share. These options expire on May 11, 2034 and vest in equal annual installments over three years starting one year after the grant date.
Are the Colgate-Palmolive (CL) Form 4 transactions open-market buys or sales?
The transactions are compensation-related grants, not open-market trades. Both the 1,556-share stock award and the 2,424-share stock option grant are labeled as grants or awards under Colgate-Palmolive’s incentive compensation plan, with no purchase price paid.
How do the new equity awards for the Colgate-Palmolive (CL) director vest over time?
The 1,556-share stock grant is an annual director stock grant, while the 2,424-share stock options vest in three equal annual installments. Vesting begins on the first anniversary of the May 11, 2026 grant date, spreading the option exercisability over three years.