Form 4: Colgate-Palmolive Director Brian Newman Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Director Brian Newman acquired 212 shares of Colgate-Palmolive common stock at $88.36 per share on April 1, 2024, and disposed of 256 shares.

Summary

  • On April 1, 2024, Brian Newman, a director of Colgate-Palmolive, acquired 212 shares of common stock at a price of $88.36 per share.
  • The acquisition was part of a deferred compensation plan for non-employee directors.
  • Newman also disposed of 256 shares of common stock on the same day.
  • Following these transactions, Newman's beneficially owned securities changed.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders as it reflects insider trading activity, which is closely monitored by investors.

Key Dates

DateDescription
04/01/2024Date of stock acquisition and disposal
04/03/2024Date of signature by Attorney-in-Fact

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