Form 4: Colgate-Palmolive CLO Jennifer Daniels Reports Stock Transactions

Jennifer Daniels, CLO and Secretary of Colgate-Palmolive, reports acquisition of shares through vesting of restricted stock units and disposition of shares for tax liability.

Summary

• On February 13, 2025, Jennifer Daniels, CLO and Secretary of Colgate-Palmolive, acquired 18,601 shares of common stock due to the vesting of performance-based restricted stock units (PBRSUs).
• These PBRSUs were earned under the company's incentive compensation plan based on the achievement of performance goals.
• Also on February 13, 2025, Ms. Daniels disposed of 7,829 shares of common stock at a price of $87.75 to cover tax liabilities associated with the vesting of the PBRSUs.
• Following these transactions, Ms. Daniels directly owns 73,262 shares of Colgate-Palmolive common stock and indirectly owns 1,749 shares through the Issuer's 401(k) Plan Trustee.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of PBRSUs indicates the achievement of performance goals under Colgate-Palmolive's incentive compensation plan.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with company performance.

Stakeholder Impact

• Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.

Key Dates

Keywords

Colgate-Palmolive, Jennifer Daniels, PBRSU, Stock, Form 4, Vesting, Tax Liability, CL