Colgate (CL) Form 4: CHRO Withholds 1,116 Shares at $83.28
Sally Massey, Chief Human Resources Officer of Colgate-Palmolive Company, reported the withholding and disposal of shares to cover taxes on vested restricted stock units.
Rhea-AI Filing Summary
Sally Massey, Chief Human Resources Officer of Colgate-Palmolive Company, reported the withholding and disposal of shares to cover taxes on vested restricted stock units. The filing shows two non-derivative transactions: 447 shares disposed on 09/12/2025 at $83.28 and 669 shares disposed on 09/13/2025 at $83.28, a total of 1,116 shares sold to satisfy tax withholding. After these transactions she beneficially owned 14,946 shares directly, and additionally held 8,004 shares indirectly through the issuer's 401(k) plan trustee. The form was signed by an attorney-in-fact on 09/16/2025. The filer explained the disposals were withholdings for tax liability incident to RSU vesting.
Positive
- Transparent disclosure of RSU tax-withholding transactions with dates, amounts, and prices
- Post-transaction beneficial ownership is clearly reported, including indirect holdings via the 401(k) plan trustee
Negative
- Reduction in direct holdings by 1,116 shares due to tax-withholding disposals
- Transactions reduce insider stake, which may be noted by investors tracking insider ownership trends
Insights
TL;DR: Routine insider tax-withholding sales; no new options or open-market trading activity disclosed.
The Form 4 reflects withholding of vested restricted stock units rather than voluntary open-market sales or option exercises. The transactions totaled 1,116 shares at $83.28 each, reducing direct beneficial ownership to 14,946 shares while 8,004 shares remain indirectly held via the 401(k). This is a standard, non-dispositive liquidity event tied to compensation mechanics and does not, by itself, provide new information about company operations or performance.
TL;DR: Filing shows compliant disclosure of tax-withholding disposals following RSU vesting.
The report is consistent with expected governance and disclosure practices for executive compensation events. It explicitly states the nature of the withholding and lists post-transaction beneficial ownership both direct and indirect. Timing shows the filing was executed by an attorney-in-fact four days after the first transaction date, which aligns with routine administrative processing of such filings. No indications of unusual or potentially material insider trading activity are present in the record.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 669 | $83.28 | $56K |
| Exercise Price or Tax Liability | Common Stock | 447 | $83.28 | $37K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Withholding of shares for payment of tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan.
FAQ
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What did Colgate-Palmolive (CL) insider Sally Massey report on Form 4?
When was the Form 4 signed and filed?
Do these transactions indicate open-market selling or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.