Colgate-Palmolive Director Lorrie Norrington Acquires Shares via Deferred Compensation
COLGATE PALMOLIVE CO
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Filing Summary
📋 Colgate-Palmolive Co ($CL) Form 4 Filing Insider: Lorrie M. Norrington (Director) Type: Acquisition (Deferred Compensation Plan) Shares: 300 @ $87.42 (~$26,226) Total Owned Post-Transaction: 43,310 shares Significance: Low (Routine Director Fee Deferral)
Comprehensive Analysis
Overview
On October 1, 2026, Colgate-Palmolive Co ($CL) Director Lorrie M. Norrington acquired 300 shares of common stock at a price of $87.42 per share, representing a total transaction value of $26,226.00.
Transaction Mechanics
According to the filing footnotes, this transaction reflects the allocation of a portion of Norrington's annual cash retainer deferred into a stock unit account pursuant to the Deferred Compensation Plan for Non-Employee Directors. The acquisition was designated under Transaction Code 'A'. Following this transaction, Norrington directly holds 43,310 shares of Colgate-Palmolive common stock.
Market Significance
This filing holds Low informational significance for investors. The transaction is a routine, automated fee deferral into equity-linked units rather than an open-market discretionary purchase or sale. It reflects standard non-employee director compensation practices and aligns board incentives with shareholders without signaling an active sentiment shift on valuation.
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Important Disclaimer
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