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

Director Lorrie M. Norrington increased her holdings in Colgate-Palmolive through a deferred compensation plan, acquiring 249 shares at $105.24 each.

Summary

• On October 1, 2024, Lorrie M. Norrington, a director of Colgate-Palmolive, acquired 249 shares of common stock at a price of $105.24 per share.
• This acquisition was made through the Deferred Compensation Plan for Non-Employee Directors.
• Following the transaction, Norrington's direct ownership in Colgate-Palmolive common stock increased to 35,083 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation.

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

Directors often receive stock as part of their compensation or elect to defer compensation into stock, aligning their interests with shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily reflecting an adjustment in the director's holdings.

Key Dates