Colgate-Palmolive (CL) officer reports 213-share tax withholding and 76,406 shares held
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.
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FAQ
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.
How many Colgate-Palmolive (CL) shares does the reporting person own after the transaction?
Following the reported tax-withholding transaction, the executive beneficially owns 76,406 shares directly and 1,825 shares indirectly through the issuer's 401(k) plan trustee.
What price per share was used in the Colgate-Palmolive (CL) tax-withholding transaction?
The 213 shares withheld for tax purposes were valued at a price of $78.2 per share in the reported transaction.
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.