Form 4: Colgate-Palmolive Executive John W. Kooyman Reports Stock Sale
SEC Form 4 Filing
John W. Kooyman, Chief of Staff at Colgate-Palmolive, reported the sale of 3,497 shares of common stock on May 7, 2024.
Summary
- John W. Kooyman, Chief of Staff at Colgate-Palmolive, filed a Form 4 with the SEC.
- The form reports a transaction on May 7, 2024, where 3,497 shares of Colgate-Palmolive common stock were sold at a price of $93.475 per share.
- Following the transaction, Kooyman directly owns 3,181 shares and indirectly owns 11,323 shares through the Issuer's 401(k) Plan Trustee.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock sale, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.
Stakeholder Impact
- The stock sale by an executive could have a minor psychological impact on shareholders, but is unlikely to have a significant material impact.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of stock sale transaction |
| 05/09/2024 | Date of signature on the Form 4 filing |
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