Colgate-Palmolive (CL) director Bilbrey granted 265 shares as deferred compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive director John P. Bilbrey reported a compensation-related share award. He acquired 265 shares of Common Stock at $89.45 per share as a grant or award, increasing his direct holdings to 40,229 shares. A separate entry reflects 4,719 shares held indirectly by a trust. The footnote explains that a portion of his annual cash retainer was deferred into a stock unit account under the Deferred Compensation Plan for Non-Employee Directors, indicating this was part of routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BILBREY JOHN P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 265 | $89.45 | $24K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,229 shares (Direct, null);
Common Stock — 4,719 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Share grant: 265 shares
Grant reference price: $89.45 per share
Direct holdings after grant: 40,229 shares
+1 more
4 metrics
Share grant
265 shares
Grant or award of Common Stock (Code A)
Grant reference price
$89.45 per share
Price per share for the 265-share award
Direct holdings after grant
40,229 shares
Total Common Stock held directly after transaction
Indirect holdings by trust
4,719 shares
Common Stock held indirectly by trust
Key Terms
Deferred Compensation Plan for Non-Employee Directors, annual cash retainer, stock unit account
3 terms
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Deferred Compensation Plan for Non-Employee Directors."
annual cash retainer financial
"Portion of annual cash retainer deferred to a stock unit account"
stock unit account financial
"deferred to a stock unit account pursuant to the Deferred Compensation Plan"
FAQ
What did Colgate-Palmolive (CL) director John P. Bilbrey report in this Form 4?
John P. Bilbrey reported receiving a grant of 265 shares of Colgate-Palmolive Common Stock at $89.45 per share. The award stems from deferred director compensation rather than an open-market trade, and increases his disclosed direct holdings to 40,229 shares.
Was the Colgate-Palmolive (CL) Form 4 transaction a market buy or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Code A identifies a grant or award, and the footnote states a portion of Bilbrey’s annual cash retainer was deferred into a stock unit account under the Deferred Compensation Plan.
How is the indirect Colgate-Palmolive (CL) ownership reported for John P. Bilbrey?
The Form 4 includes an entry for 4,719 Colgate-Palmolive shares held indirectly "By Trust." This indicates those shares are owned through a trust arrangement, separate from Bilbrey’s 40,229 directly held shares, and clarifies the nature of his indirect beneficial ownership.