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

Director Lorrie M Norrington acquired 258 shares of Colgate-Palmolive common stock at $91.99 per share on April 1, 2025, through a deferred compensation plan.

Summary

• On April 1, 2025, Lorrie M Norrington, a director of Colgate-Palmolive, acquired 258 shares of common stock.
• The acquisition was made through the Deferred Compensation Plan for Non-Employee Directors.
• The price per share was $91.99.
• Following the transaction, Norrington directly owns 36,002 shares of Colgate-Palmolive common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the deferred compensation plan suggests confidence in the company's stock. However, it's a routine transaction.

Positives

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects. It is common for directors to receive shares as part of their compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.

Key Dates

Keywords

Colgate-Palmolive, Director, Share Acquisition, Deferred Compensation Plan, Form 4, Insider Trading