Form 4: Colgate-Palmolive Officer Sells Shares for Tax

Colgate-Palmolive's Chief Growth Officer, John Hazlin, disposed of 826 shares of common stock to cover tax liabilities related to restricted stock unit vesting.

Summary

• John Hazlin, Chief Growth Officer of Colgate-Palmolive Co (CL), reported transactions involving the disposition of common stock.
• On September 12, 2025, Hazlin disposed of 377 shares of common stock at a price of $83.28 per share.
• On September 13, 2025, an additional 449 shares of common stock were disposed of at the same price of $83.28 per share.
• The dispositions, totaling 826 shares, were for the purpose of withholding shares to cover tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan.
• Following these transactions, John Hazlin directly beneficially owns 17,629 shares of common stock.
• Additionally, Hazlin indirectly beneficially owns 5,382 shares of common stock through the Issuer's 401(k) Plan Trustee.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes related to equity compensation, which does not reflect a change in management's outlook or company fundamentals.

Positives

• The underlying event, the vesting of restricted stock units, represents a form of compensation for the Chief Growth Officer, indicating performance or tenure-based rewards.

Negatives

• The direct beneficial ownership of common stock by the Chief Growth Officer decreased by 826 shares as a result of these transactions.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction for tax withholding purposes, which is a common occurrence for executives receiving equity compensation. It does not provide information related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related disposition by an executive and does not signal a change in company fundamentals or management's discretionary view on the stock.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations arising from the vesting of restricted stock units. Such transactions are common and do not typically indicate a change in the company's fundamental performance or the executive's long-term view of the stock. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based on the neutral nature of this specific disclosure.

Keywords

Colgate-Palmolive, CL, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Restricted Stock Units, John Hazlin, Chief Growth Officer