Colgate-Palmolive (CL) growth chief logs stock award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive Chief Growth Officer John Hazlin reported equity compensation activity involving company common stock. On February 23, 2026, he acquired 12,803 shares through the vesting of performance-based restricted stock units granted under the incentive compensation plan. On the same date, 6,117 shares were disposed of at $97.10 per share to cover tax withholding related to that vesting. After these transactions, Hazlin directly owned 24,422 shares and indirectly held 5,452 shares through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hazlin John
Role
Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,803 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,117 | $97.10 | $594K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,539 shares (Direct);
Common Stock — 5,452 shares (Indirect, By Issuer's 401(k) Plan Trustee)
Footnotes (1)
- Represents vesting of a previously-granted performance-based restricted stock unit ("PBRSU") that was earned under the issuer's incentive compensation plan based on the achievement of performance goals for a completed performance period. The earned PBRSUs are settled solely in shares of Common Stock. Withholding of shares for payment of tax liability incident to the vesting of PBRSUs under the issuer's incentive compensation plan.
FAQ
What insider transactions did Colgate-Palmolive (CL) report for John Hazlin?
Colgate-Palmolive reported that Chief Growth Officer John Hazlin had performance-based restricted stock units vest into 12,803 common shares, and 6,117 shares were withheld to satisfy tax obligations tied to that vesting, all recorded as non-derivative common stock transactions.
What are PBRSUs mentioned in the Colgate-Palmolive (CL) Form 4 footnotes?
PBRSUs, or performance-based restricted stock units, are share-based awards that vest only if specific performance goals are achieved. In this case, Hazlin’s earned PBRSUs were settled solely in Colgate-Palmolive common stock after a completed performance period under the incentive compensation plan.
How is the indirect Colgate-Palmolive (CL) ownership held for John Hazlin?
John Hazlin’s indirect ownership of Colgate-Palmolive shares, totaling 5,452, is held by the issuer’s 401(k) plan trustee. This reflects shares credited to his account within the company’s retirement plan, rather than directly in his personal brokerage account.