Colgate-Palmolive (NYSE: CL) COO sells 10,000 shares via trust
Rhea-AI Filing Summary
COLGATE PALMOLIVE CO (CL) reported that officer Panagiotis Tsourapas, COO, CD, EMEA, APac, Skin, indirectly sold 10,000 shares of common stock on August 24, 2026 in a sale coded "S". The weighted average sale price was $92.0477 per share, with individual trades executed between $92.00 and $92.12 per share. After this transaction, an associated trust held 64,901 shares, which includes 12,661 shares that had previously been reported as directly beneficially owned. Separate holding entries show Tsourapas directly holding 9,074 shares and indirectly holding 4,619 shares through the issuer's 401(k) plan trustee.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
3 txns
Insider
Tsourapas Panagiotis
Role
COO, CD, EMEA, APac, Skin
Sold
10,000 shs ($920K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $92.0477 | $920K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 64,901 shares (Indirect, By Trust);
Common Stock — 9,074 shares (Direct);
Common Stock — 4,619 shares (Indirect, By Issuer's 401(k) Plan Trustee)
Footnotes (2)
- F1. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $92.00 to $92.12, 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.
- F2. This amount includes 12,661 shares that were previously reported as directly beneficially owned.
Key Figures
Shares sold: 10,000 shares of Common Stock
Weighted average sale price: $92.0477 per share
Indirect trust holdings after transaction: 64,901 shares
+3 more
6 metrics
Shares sold
10,000 shares of Common Stock
Indirect sale by trust on August 24, 2026
Weighted average sale price
$92.0477 per share
Common Stock sale on August 24, 2026; trades between $92.00 and $92.12
Indirect trust holdings after transaction
64,901 shares
Common Stock indirectly held by trust following the sale
Previously direct shares now included in trust amount
12,661 shares
Now counted within the 64,901 indirect trust shares
Direct holdings after transaction
9,074 shares
Common Stock directly held by Panagiotis Tsourapas
401(k) plan holdings
4,619 shares
Common Stock held indirectly by issuer's 401(k) Plan Trustee
Key Terms
weighted average price, beneficially owned, 401(k) Plan Trustee, indirect ownership
4 terms
weighted average price financial
"Weighted average price, as these shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially owned financial
"This amount includes 12,661 shares that were previously reported as directly beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
401(k) Plan Trustee financial
"By Issuer's 401(k) Plan Trustee"
indirect ownership financial
"total_shares_following_transaction 64901.0000, direct_or_indirect I"
FAQ
What insider transaction did CL report for Panagiotis Tsourapas on August 24, 2026?
CL reported that officer Panagiotis Tsourapas indirectly sold 10,000 shares of common stock on August 24, 2026 in a transaction coded "S", indicating a sale in the open market or a private transaction.
What are Panagiotis Tsourapas’s direct holdings of Colgate-Palmolive (CL) stock after the reported transactions?
A holding entry shows that after the reported transactions, Panagiotis Tsourapas directly held 9,074 shares of Colgate-Palmolive common stock.
Was the Colgate-Palmolive (CL) insider sale under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnotes do not state that the sale was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
