Colgate-Palmolive (NYSE: CL) CFO sells 97,843 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive’s Chief Financial Officer, Stanley J. Sutula III, exercised stock options and sold shares in a planned transaction. On February 4, 2026, he exercised 97,843 stock options at an exercise price of $81.78 per share under the company’s incentive compensation plan.
That same day, he sold 97,843 shares of common stock at a weighted average price of $94.2662 per share, with a portion of the proceeds delivered to Colgate-Palmolive to cover the option exercise price and related tax withholding. After these transactions, he directly owned 55,310 common shares and indirectly held 328 shares through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 97,843 shares ($9,223,288)
Net Sell
4 txns
Insider
SUTULA STANLEY J III
Role
Chief Financial Officer
Sold
97,843 shs ($9.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 97,843 | $0.00 | -- |
| Exercise | Common Stock | 97,843 | $81.78 | $8.00M |
| Sale | Common Stock | 97,843 | $94.2662 | $9.22M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 153,153 shares (Direct);
Common Stock — 328 shares (Indirect, By Issuer's 401(k) Plan Trustee)
Footnotes (1)
- Exercise of stock options awarded under the issuer's incentive compensation plan. Sale of shares with a portion of the proceeds delivered to the issuer for payment of the exercise price of options under the issuer's incentive compensation plan and the related tax withholding. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $93.97 to $94.53, 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. Option became exercisable in one-third increments beginning on the first anniversary of the November 9, 2020 grant date.
FAQ
What insider transaction did Colgate-Palmolive (CL) report for its CFO?
Colgate-Palmolive reported that CFO Stanley J. Sutula III exercised 97,843 stock options and sold 97,843 common shares on February 4, 2026. These transactions were made under the company’s incentive compensation plan, with part of the sale proceeds used for exercise costs and tax withholding.
What stock options did the Colgate-Palmolive (CL) CFO exercise?
He exercised 97,843 stock options with an exercise price of $81.78 per share on February 4, 2026. These options were granted under Colgate-Palmolive’s incentive compensation plan and became exercisable in one-third increments starting on the first anniversary of the November 9, 2020 grant date.
What does the weighted average price disclosure mean in this Colgate-Palmolive (CL) Form 4?
The weighted average price of $94.2662 means the 97,843 shares were sold in multiple trades between $93.97 and $94.53. The CFO has committed to provide, upon request, the number of shares sold at each specific price within that range to interested parties.