Colgate-Palmolive COO has 622 shares withheld
Colgate-Palmolive’s COO, Americas had shares withheld for taxes on RSU vesting, leaving him with 72,148 directly held shares.
Rhea-AI Filing Summary
COLGATE PALMOLIVE CO (CL) reported that Shane Grant, its COO, Americas, had 622 shares of common stock withheld on September 11, 2026 to pay tax liability related to the vesting of restricted stock units under the company’s incentive compensation plan at a reference price of $86.80 per share. After this tax-withholding disposition, he directly holds 72,148 shares of Colgate-Palmolive common stock. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 622 shares
Tax Withholding
1 txn
Insider
GRANT SHANE
Role
COO, Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 622 | $86.80 | $54K |
Holdings After Transaction:
Common Stock — 72,148 shares (Direct)
Footnotes (1)
- F1. Withholding of shares for payment of tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan.
Key Figures
Shares withheld for taxes: 622 shares
Reference price per share: $86.80 per share
Shares held after transaction: 72,148 shares
+1 more
4 metrics
Shares withheld for taxes
622 shares
Withholding on September 11, 2026 to pay tax liability on RSU vesting
Reference price per share
$86.80 per share
Value used in the September 11, 2026 tax-withholding disposition
Shares held after transaction
72,148 shares
Directly held by Shane Grant following the reported transaction
Transaction date
September 11, 2026
Date of tax-withholding disposition of Colgate-Palmolive common stock
Key Terms
restricted stock units, incentive compensation plan, withholding of shares
3 terms
restricted stock units financial
"incident to the vesting of restricted stock units under the issuer's incentive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
incentive compensation plan financial
"restricted stock units under the issuer's incentive compensation plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Colgate-Palmolive (CL) report for Shane Grant?
Colgate-Palmolive reported that Shane Grant had 622 shares of common stock withheld on September 11, 2026 to pay tax liability from vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale.
Was the Colgate-Palmolive (CL) insider transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for the September 11, 2026 tax-withholding disposition of 622 Colgate-Palmolive shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.