Form 4: Colgate-Palmolive Executive Sells Shares

Panagiotis Tsourapas, a Group President at Colgate-Palmolive, sold 20,032 shares of common stock at an average price of $93.3012 on November 4, 2024.

Summary

• On November 4, 2024, Panagiotis Tsourapas, a Group President at Colgate-Palmolive, sold 20,032 shares of Colgate-Palmolive common stock.
• The sale was executed at a weighted average price of $93.3012 per share, with individual transaction prices ranging from $93.24 to $93.595.
• Following the transaction, Tsourapas directly owns 49,172 shares and indirectly owns 8,039 shares via a trust and 4,388 shares via the Issuer's 401(k) Plan Trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's stock sale. It doesn't inherently convey positive or negative sentiment, but the market's interpretation of the sale could influence sentiment.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.

Stakeholder Impact

• Shareholders may react to the news of the stock sale, potentially impacting the stock price.

Key Dates