Form 4: Tsourapas Panagiotis reports multiple insider transactions in CL
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tsourapas Panagiotis reported multiple insider transaction types in a Form 4 filing for CL. The filing lists transactions totaling 150,000 shares at a weighted average price of $85.99 per share. Following the reported transactions, holdings were 19,938 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($4,778,437)
Net Sell
8 txns
Insider
Tsourapas Panagiotis
Role
COO, Eur., APac, Afr Eur, Skin
Sold
50,000 shs ($4.78M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
| Exercise | Common Stock | 15,000 | $76.41 | $1.15M |
| Sale | Common Stock | 15,000 | $97.8074 | $1.47M |
| Exercise | Stock Option (Right to Buy) | 35,000 | $0.00 | -- |
| Exercise | Common Stock | 35,000 | $76.41 | $2.67M |
| Sale | Common Stock | 35,000 | $94.6093 | $3.31M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 19,938 shares (Direct);
Common Stock — 25,415 shares (Direct);
Common Stock — 4,568 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 $94.50 to $94.78 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. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $97.74 to $97.89 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 September 10, 2020 grant date.
FAQ
What insider transaction did Colgate-Palmolive (CL) report for Panagiotis Tsourapas?
Colgate-Palmolive reported that COO Panagiotis Tsourapas exercised stock options and sold shares. He converted 50,000 options into common stock, then sold 35,000 shares on February 11, 2026 and 15,000 shares on February 12, 2026.
What stock options did the Colgate-Palmolive (CL) COO exercise in this Form 4?
He exercised stock options for 35,000 shares on February 11, 2026 and 15,000 shares on February 12, 2026 at an exercise price of $76.41 per share. These options were granted on September 10, 2020 and vested in one‑third increments.
What role does Panagiotis Tsourapas hold at Colgate-Palmolive (CL)?
Panagiotis Tsourapas is an officer of Colgate-Palmolive with the title COO, Eur., APac, Afr Eur, Skin. The Form 4 identifies him as a reporting person in this role, not as a director nor a ten percent owner of the company.