Form 4: Colgate-Palmolive EVP & Controller Receives Equity Awards

Colgate-Palmolive's EVP and Controller, Malcolm Gregory, was granted restricted stock units and stock options as part of the company's incentive plan.

Summary

• Malcolm Gregory, Executive Vice President and Controller of Colgate-Palmolive Company, received equity awards on September 11, 2025.
• The awards include 1,119 shares of common stock as a Restricted Stock Unit (RSU) award, granted at a price of $0.0000.
• The RSU award vests in equal one-third installments on the first, second, and third anniversaries of the grant date.
• Additionally, 7,743 stock options were granted with an exercise price of $84.06 and an expiration date of September 11, 2033.
• These stock options become exercisable in equal annual installments over three years, starting on the first anniversary of the September 11, 2025 grant date.
• Following these transactions, Malcolm Gregory beneficially owns 12,146 shares of common stock directly and 8,445 shares indirectly through the Issuer's 401(k) Plan Trustee, along with 7,743 stock options directly.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it reflects routine executive incentive compensation, aligning management interests with long-term company performance. It is not a direct indicator of operational or financial performance.

Positives

• The grant of restricted stock units and stock options aligns the executive's interests with those of shareholders, incentivizing long-term performance.
• The awards are part of the issuer's incentive compensation plan, indicating a structured approach to executive remuneration and retention.

Future Outlook

The restricted stock units are scheduled to vest in equal one-third installments on the first, second, and third anniversaries of the September 11, 2025 grant date. The stock options will become exercisable in equal annual installments over three years, commencing on the first anniversary of the grant date.

Industry Context

This filing represents a routine executive compensation disclosure within the consumer staples industry, where equity-based incentives are a common practice to align management performance with shareholder value creation.

Comparison to Industry Standards

• Equity-based compensation, including restricted stock units and stock options, is a standard practice for executive remuneration across the consumer staples sector, similar to companies like Procter & Gamble (PG) or Unilever (UL).
• The vesting and exercisability schedules (typically 3-year periods) are consistent with common industry practices designed to encourage long-term executive retention and performance.

Corporate Governance

Related Party Transactions

• The equity awards granted to Malcolm Gregory, an executive officer, are considered related party transactions as they involve compensation from the company to a key management personnel.

Stakeholder Impact

• Shareholders: The equity awards aim to align executive performance with shareholder interests, potentially leading to long-term value creation.
• Employees: Reflects the company's compensation strategy for senior leadership, which can influence overall employee morale and retention strategies.

Next Steps

• The restricted stock units will vest in 1/3 installments on the first, second, and third anniversaries of September 11, 2025.
• The stock options will become exercisable in equal annual installments over three years, starting on the first anniversary of September 11, 2025.

Key Dates

Keywords

Colgate-Palmolive, CL, SEC Form 4, Insider Transaction, Restricted Stock Units, Stock Options, Executive Compensation, Equity Awards, Malcolm Gregory