Colgate CFO sells 97,843 shares after option exercise
Colgate-Palmolive’s Chief Financial Officer, Stanley J. Sutula III, exercised stock options and sold shares in a planned transaction.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 97,843 | $0.00 | $0.00 |
| Exercise | Common Stock | 97,843 | $81.78 | $8.00M |
| Sale | Common Stock | 97,843 | $94.2662 | $9.22M |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Exercise of stock options awarded under the issuer's incentive compensation plan.
- F2. 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.
- F3. 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.
- F4. Option became exercisable in one-third increments beginning on the first anniversary of the November 9, 2020 grant date.
FAQ
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