Form 4: Colgate-Palmolive Executive Prabha Parameswaran Reports Stock Transactions

Prabha Parameswaran, Group President of Growth & Strategy at Colgate-Palmolive, reports the vesting of performance-based restricted stock units and related tax withholding.

Summary

• On February 13, 2025, Prabha Parameswaran, Group President of Growth & Strategy at Colgate-Palmolive, reported transactions involving Colgate-Palmolive common stock.
• 18,601 shares were acquired through the vesting of performance-based restricted stock units (PBRSUs) at a price of $0.00.
• 8,621 shares were disposed of to cover tax liabilities related to the vesting of the PBRSUs at a price of $87.75.
• Following these transactions, Parameswaran directly owns 17,942 shares of Colgate-Palmolive common stock.
• Parameswaran also indirectly owns 5,764 shares through the Issuer's 401(k) Plan Trustee and 36,830 shares through a trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document simply reports stock transactions related to executive compensation. The vesting of PBRSUs suggests positive performance, but the tax withholding is a standard procedure.

Positives

• The vesting of PBRSUs indicates that performance goals were met, which is a positive sign for the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

Form 4, Colgate-Palmolive, PBRSU, Stock Options, Beneficial Ownership, Parameswaran, Executive Compensation