Colgate-Palmolive (CL) Chief Growth Officer reports 156-share tax withholding
Rhea-AI Filing Summary
Colgate-Palmolive Company’s Chief Growth Officer reported a small share transaction involving company stock. On 12/03/2025, 156 shares of Colgate-Palmolive common stock were disposed of at $78.2 per share in a transaction coded “F,” which indicates shares were withheld by the company to cover Medicare and income tax obligations tied to previously granted restricted stock units. After this tax withholding, the officer beneficially owns 17,645 shares directly and 5,416 shares indirectly through the issuer’s 401(k) plan trustee. The underlying restricted stock units remain in place, reduced only by the shares used for required tax withholding.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Colgate-Palmolive (CL) report in this filing?
The Chief Growth Officer reported an “F” code transaction on 12/03/2025, where 156 shares of Colgate-Palmolive common stock were withheld to pay Medicare and income tax liabilities tied to restricted stock units.
Was the Colgate-Palmolive (CL) insider transaction an open-market sale?
No. The filing explains that the shares were withheld from previously granted restricted stock units to cover tax obligations, rather than sold in an open-market transaction.
How many Colgate-Palmolive (CL) shares does the reporting officer own after the transaction?
Following the tax withholding, the officer beneficially owns 17,645 Colgate-Palmolive shares directly and 5,416 shares indirectly through the issuer’s 401(k) plan trustee.
What role does the reporting person hold at Colgate-Palmolive (CL)?
The reporting person is an officer of Colgate-Palmolive, serving as the company’s Chief Growth Officer.
What does transaction code "F" mean in this Colgate-Palmolive (CL) insider report?
Transaction code “F” indicates a payment of tax liability by having shares withheld from equity awards, in this case from restricted stock units granted under Colgate-Palmolive’s incentive compensation plan.
Did the Colgate-Palmolive (CL) officer keep the underlying restricted stock units?
Yes. The filing states the officer continues to hold the restricted stock units originally granted, reduced only by the portion used for the required tax withholding.