Colgate-Palmolive (CL) CFO Form 4 shows 385 shares withheld for taxes
Rhea-AI Filing Summary
Colgate-Palmolive Company’s Chief Financial Officer, reported on a Form 4 that shares of company stock were withheld to cover taxes on previously granted restricted stock units. On 12/03/2025, 385 shares of common stock were disposed of at a price of $78.2 per share through tax withholding, coded as transaction type "F," which indicates payment of tax liability from equity awards.
After this transaction, the officer beneficially owns 55,310 shares of Colgate-Palmolive common stock directly, and an additional 326 shares indirectly through the issuer’s 401(k) plan trustee. The filing clarifies that the underlying restricted stock units remain held by the officer, reduced only by the amount required for Medicare and income tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 385 | $78.20 | $30K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Colgate-Palmolive (CL) report in this Form 4?
The Chief Financial Officer reported that 385 shares of Colgate-Palmolive common stock were withheld on 12/03/2025 to pay Medicare and income tax obligations related to previously granted restricted stock units.
What does the transaction code "F" mean in the Colgate-Palmolive (CL) Form 4?
The transaction code "F" indicates a payment of tax liability by withholding shares of stock from equity awards, in this case restricted stock units granted under Colgate-Palmolive’s incentive compensation plan.
Were the restricted stock units for Colgate-Palmolive (CL) cancelled in this Form 4 event?
No. The explanation states that the officer continues to hold the restricted stock units originally granted, reduced only by the number of shares withheld to satisfy the required tax withholding.