Colgate-Palmolive (CL) CFO logs PBRSU stock vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive Chief Financial Officer Stanley J. Sutula III reported equity compensation activity involving the company’s common stock. He acquired 38,678 shares on February 23, 2026 through the vesting of previously granted performance-based restricted stock units earned under the incentive compensation plan.
On the same date, 19,746 shares were disposed of to cover tax withholding related to this vesting, rather than through an open-market sale. After these transactions, he held 74,320 shares directly and 328 shares indirectly through the issuer’s 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SUTULA STANLEY J III
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,678 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,746 | $97.10 | $1.92M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,066 shares (Direct);
Common Stock — 328 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 did Colgate-Palmolive (CL) CFO Stanley Sutula report in this Form 4?
The filing shows Colgate-Palmolive CFO Stanley Sutula received 38,678 common shares from vesting performance-based restricted stock units. It also reports 19,746 shares withheld to cover tax liabilities, with remaining direct holdings of 74,320 shares and 328 shares held indirectly via a 401(k) plan.
What do the PBRSU awards in Colgate-Palmolive (CL) represent for the CFO?
The PBRSU awards represent performance-based restricted stock units that vested into 38,678 shares after goals were achieved. They were granted under Colgate-Palmolive’s incentive compensation plan, meaning the shares were earned for meeting specified performance metrics over a completed performance period.