Form 4: Colgate-Palmolive Executive Sally Massey Reports Stock Transactions

Sally Massey, Chief Human Resources Officer at Colgate-Palmolive, reports the vesting of restricted stock units and related tax withholding.

Summary

• On February 13, 2025, Sally Massey, Chief Human Resources Officer of Colgate-Palmolive, acquired 12,132 shares of common stock upon the vesting of performance-based restricted stock units (PBRSUs).
• These PBRSUs were earned under the company's incentive compensation plan based on the achievement of performance goals.
• Also on February 13, 2025, 5,057 shares were withheld to cover the tax liability associated with the vesting of the PBRSUs at a price of $87.75 per share.
• Following these transactions, Massey directly owns 22,778 shares of Colgate-Palmolive common stock and indirectly owns 7,865 shares through the Issuer's 401(k) Plan Trustee.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Future Outlook

There is no future outlook information provided in this document.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It is a standard practice for executives at publicly traded companies like Colgate-Palmolive.

Stakeholder Impact

• The vesting of stock options and subsequent tax withholding has a minor impact on the total number of shares outstanding.

Key Dates

Keywords

Form 4, Colgate-Palmolive, Sally Massey, Stock, PBRSU, Restricted Stock Units, Beneficial Ownership, Insider Trading