Form 4: Colgate-Palmolive Director Acquires Shares Through Deferred Compensation Plan

Director John P. Bilbrey acquired 240 shares of Colgate-Palmolive common stock at $88.36 per share on April 1, 2024, through a deferred compensation plan.

Summary

• On April 1, 2024, John P. Bilbrey, a director of Colgate-Palmolive, acquired 240 shares of common stock at a price of $88.36 per share.
• This acquisition was made through a stock unit account as part of the Deferred Compensation Plan for Non-Employee Directors.
• Following the transaction, Bilbrey directly owns 30,236 shares and indirectly owns 4,719 shares through a trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.

Industry Context

Directors often participate in deferred compensation plans as a way to align their interests with the long-term performance of the company. This is a common practice among publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence.

Key Dates