Colgate-Palmolive (NYSE: CL) HR chief sells 8,599 shares around $87
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive Chief People Officer Sally Massey sold 8,599 shares of Common Stock in an open-market transaction. The sale took place on May 7, 2026 at a weighted average price of $87.4093 per share, with individual prices ranging from $87.36 to $87.53.
After the sale, Massey directly owned 13,785 shares of Colgate-Palmolive common stock and indirectly held 8,152 shares through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,599 shares ($751,633)
Net Sell
2 txns
Insider
Massey Sally
Role
Chief People Officer
Sold
8,599 shs ($752K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,599 | $87.4093 | $752K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,785 shares (Direct, null);
Common Stock — 8,152 shares (Indirect, By Issuer's 401(k) Plan Trustee)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,599 shares
Weighted average sale price: $87.4093 per share
Sale price range: $87.36–$87.53 per share
+2 more
5 metrics
Shares sold
8,599 shares
Open-market sale of Common Stock on May 7, 2026
Weighted average sale price
$87.4093 per share
Common Stock sale on May 7, 2026
Sale price range
$87.36–$87.53 per share
Range of prices for multiple sale transactions
Direct holdings after sale
13,785 shares
Common Stock directly owned following the transaction
Indirect 401(k) holdings
8,152 shares
Common Stock held via issuer’s 401(k) plan trustee
Key Terms
open-market sale, weighted average price, 401(k) Plan Trustee, Common Stock
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Weighted average price, as these shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401(k) Plan Trustee financial
"By Issuer's 401(k) Plan Trustee"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Colgate-Palmolive (CL) report for Sally Massey?
Colgate-Palmolive reported that Chief People Officer Sally Massey sold 8,599 shares of Common Stock. The open-market sale occurred on May 7, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.
What role does Sally Massey hold at Colgate-Palmolive (CL)?
Sally Massey serves as Colgate-Palmolive’s Chief People Officer. This officer role is disclosed in the Form 4, which identifies her as an executive officer but not a director or ten-percent beneficial owner of the company’s stock.
Was the Colgate-Palmolive (CL) insider sale a single trade or multiple trades?
The sale was executed through multiple trades on May 7, 2026. A footnote explains the reported price is a weighted average, with individual trades occurring between $87.36 and $87.53 per share across the executed transactions.