Colgate-Palmolive (CL) officer reports 221-share tax withholding from RSUs in Form 4
Rhea-AI Filing Summary
Colgate-Palmolive Company officer reports small share withholding for taxes. A company officer serving as COO, Eur., APac, Afr Eur, Skin reported a Form 4 transaction involving Colgate-Palmolive common stock. On 12/03/2025, 221 shares of common stock were disposed of at $78.2 per share, coded as transaction type F, which represents shares withheld to cover Medicare and income tax on previously granted restricted stock units under the company’s incentive compensation plan.
After this tax withholding, the officer beneficially owns 10,415 shares directly, 4,538 shares indirectly through the issuer's 401(k) plan trustee, and 60,745 shares indirectly through a trust. The filing notes that the officer continues to hold the original restricted stock units granted, reduced only by the amount required for this tax withholding.
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FAQ
What insider transaction did Colgate-Palmolive (CL) report in this Form 4?
The filing reports that a Colgate-Palmolive officer disposed of 221 shares of common stock on 12/03/2025 at a price of $78.2 per share, coded as transaction F.
Why were the 221 Colgate-Palmolive (CL) shares disposed of by the officer?
The 221 shares were withheld to pay Medicare and income tax liabilities arising from restricted stock units previously granted under Colgate-Palmolive’s incentive compensation plan.
How many Colgate-Palmolive (CL) shares does the reporting officer own after the transaction?
Following the transaction, the officer beneficially owns 10,415 Colgate-Palmolive common shares directly, 4,538 shares indirectly via the issuer’s 401(k) plan trustee, and 60,745 shares indirectly through a trust.
What is the role of the reporting person at Colgate-Palmolive (CL)?
The reporting person is an officer of Colgate-Palmolive with the title COO, Eur., APac, Afr Eur, Skin, indicating a senior operating role across several regions and product categories.
Does the officer still hold the original restricted stock units at Colgate-Palmolive (CL)?
Yes. The explanation states that the officer continues to hold the restricted stock units originally granted, reduced only by the portion used for this required tax withholding.
Was this Colgate-Palmolive (CL) insider transaction part of tax-related activity?
Yes. The filing explains that the share disposition represents payment of Medicare and income tax liability by withholding shares from previously granted restricted stock units.