Colgate-Palmolive EVP reports stock award vesting
Colgate-Palmolive EVP and Controller Malcolm Gregory reported equity award activity in company stock.
Rhea-AI Filing Summary
Colgate-Palmolive EVP and Controller Malcolm Gregory reported equity award activity in company stock. He acquired 6,268 shares of Common Stock at a price of $0.0000 per share through the vesting of previously granted performance-based restricted stock units under the issuer's incentive compensation plan, which are settled solely in shares.
On the same date, 2,260 shares of Common Stock were disposed of at $97.1000 per share to cover tax liabilities associated with the PBRSU vesting. Following these transactions, he directly held 15,898 shares of Common Stock. In addition, 8,554 shares are held indirectly through the issuer's 401(k) plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,268 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,260 | $97.10 | $219K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Withholding of shares for payment of tax liability incident to the vesting of PBRSUs under the issuer's incentive compensation plan.
FAQ
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What insider transactions did Colgate-Palmolive (CL) executive Malcolm Gregory report?
How were Malcolm Gregory’s PBRSUs at Colgate-Palmolive (CL) earned and settled?
What do the Form 4 footnotes reveal about Malcolm Gregory’s Colgate-Palmolive (CL) award?
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