Colgate-Palmolive insider files Form 4 for 213-share tax withholding
Colgate-Palmolive (CL) reported a routine insider tax-withholding transaction by its Chief Legal Officer and Secretary.
Rhea-AI Filing Summary
Colgate-Palmolive (CL) reported a routine insider tax-withholding transaction by its Chief Legal Officer and Secretary. On 12/03/2025, the executive had 213 shares of common stock withheld at a price of $78.2 per share, coded as an "F" transaction, which indicates shares were withheld to cover Medicare and income tax obligations on previously granted restricted stock units under the company’s incentive compensation plan.
After this non-open-market transaction, the executive beneficially owns 76,406 shares of Colgate-Palmolive common stock directly and an additional 1,825 shares indirectly through the issuer's 401(k) plan trustee. The filing notes that the restricted stock units themselves continue to be held, reduced only by the amount of shares withheld for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 213 | $78.20 | $17K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Payment of Medicare and income tax liability by withholding shares of stock from restricted stock units previously granted under the issuer's incentive compensation plan. The reporting person continues to hold the restricted stock units originally granted, less the amount of this required tax withholding.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Colgate-Palmolive (CL) report in this Form 4?
The filing reports that Colgate-Palmolive's Chief Legal Officer and Secretary had 213 shares of common stock withheld on 12/03/2025 to cover tax obligations related to restricted stock units.
Was the Colgate-Palmolive (CL) Form 4 transaction an open-market sale?
No. The transaction is coded "F", which reflects payment of Medicare and income tax liability by withholding shares from previously granted restricted stock units, rather than an open-market buy or sell.
Do the Colgate-Palmolive (CL) restricted stock units remain outstanding after this Form 4 event?
Yes. The explanation states that the reporting person continues to hold the restricted stock units originally granted, reduced only by the amount of shares withheld to satisfy the required tax withholding.
What is the reporting person’s role at Colgate-Palmolive (CL)?
The reporting person is an officer of Colgate-Palmolive, serving as CLO and Secretary, as indicated in the relationship section of the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.