Colgate-Palmolive (NYSE: CL) CEO Wallace sells 45,568 shares in insider transaction
Rhea-AI Filing Summary
Colgate-Palmolive Chairman, President & CEO Noel R. Wallace reported a sale of common stock. On February 4, 2026, he sold 45,568 shares of Colgate-Palmolive common stock at a weighted average price of $93.9145 per share, in multiple transactions within a stated price range.
After this sale, Wallace directly owned 293,188 common shares. He also reported indirect ownership of 54,281 shares through the issuer's 401(k) plan trustee, 52,000 shares through a spouse trust, and 335 shares through another trust.
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Insights
CEO reports planned share sale while retaining substantial direct and indirect holdings.
The filing shows Colgate-Palmolive CEO Noel R. Wallace sold 45,568 common shares on February 4, 2026 at a weighted average price of $93.9145 per share, executed across multiple trades in a narrow price range.
Following the transaction, he still directly holds 293,188 shares, plus indirect interests of 54,281 shares via the issuer’s 401(k) plan trustee, 52,000 shares via a spouse trust, and 335 shares via another trust. The form does not indicate changes to his roles as Chairman, President and CEO.
The price footnote clarifies that the sale comprised multiple executions between $93.74 and $94.17. Overall, this appears as a standard insider sale disclosure rather than a change in governance or strategy; future SEC ownership reports will provide any updated positioning.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,568 | $93.9145 | $4.28M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $93.74 to $94.17, 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.
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