Colgate-Palmolive CEO Noel Wallace Disposes Shares for Tax Withholding on Vesting
COLGATE PALMOLIVE CO
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Filing Summary
Colgate-Palmolive Co ($CL) Insider: Wallace Noel R. (Chairman, President & CEO) Transaction: Tax Withholding (Code F) Total Shares Disposed: 12,479 Price: $86.80 Total Value: $1,083,177.20 Direct Shares Owned After: 350,051 Filing Date: 2026-09-15
Comprehensive Analysis
Insider Transaction Overview
- Issuer: Colgate-Palmolive Company ($CL)
- Insider: Noel R. Wallace, Chairman, President & CEO
- Filing Date: September 15, 2026
- Transaction Dates: September 11, 12, and 13, 2026
Transaction Summary
Noel R. Wallace had a aggregate of 12,479 shares of Common Stock withheld across three consecutive days (September 11 to September 13, 2026) to cover statutory tax liabilities associated with the vesting of restricted stock units under the company's incentive compensation plan.
- Shares Withheld:
- Sept 11, 2026: 4,071 shares at $86.80
- Sept 12, 2026: 3,516 shares at $86.80
- Sept 13, 2026: 4,892 shares at $86.80
- Total Shares: 12,479 shares
- Price Per Share: $86.80
- Total Value: $1,083,177.20
Post-Transaction Holdings
- Direct Ownership: 350,051 shares
- Indirect Ownership:
- 54,868 shares (By Issuer's 401(k) Plan Trustee)
- 52,000 shares (By Spouse Trust)
- 335 shares (By Trust)
Significance
This filing reflects routine tax withholding ('F' code) rather than discretionary open-market selling. The transactions carry Low trading significance.
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