Form 4: Colgate-Palmolive Director Lisa Edwards Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Lisa Edwards acquired 89 shares of Colgate-Palmolive common stock through a deferred compensation plan on October 1, 2024.
Summary
- This Form 4 filing reports a change in beneficial ownership of Colgate-Palmolive (CL) stock by Director Lisa Edwards.
- On October 1, 2024, Edwards acquired 89 shares of common stock at a price of $105.24 per share.
- The acquisition was made through the Deferred Compensation Plan for Non-Employee Directors.
- Following the transaction, Edwards directly owns 14,012 shares of Colgate-Palmolive common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership of company stock by its directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Lisa Edwards acquired 89 shares of Colgate-Palmolive common stock. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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