Colgate-Palmolive Officer Files Form 144 to Sell $2.32M in Common Stock
COLGATE PALMOLIVE CO
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Filing Summary
Colgate-Palmolive Co ($CL) – Form 144 Proposed Sale Insider: Hazlin John (Officer) Proposed Sale Amount: 23,376 shares (~$2,317,683.03) Date: November 4, 2026 Broker: Merrill Lynch Nature: Exercise of employee stock options (Broker-assisted cashless exercise)
Comprehensive Analysis
Overview
On November 4, 2026, John Hazlin, an Officer at Colgate-Palmolive Co ($CL), filed a Form 144 notice disclosing the intended sale of 23,376 shares of common stock with an estimated aggregate market value of $2,317,683.03 (approximately $99.15 per share).
Transaction Details
- Filer: Hazlin John
- Position: Officer
- Security: Common Stock
- Shares to Sell: 23,376
- Aggregate Market Value: $2,317,683.03
- Acquisition Origin: Acquired on November 4, 2026, via an exercise of employee stock options funded through a broker-assisted cashless exercise.
- Broker: Merrill Lynch
- Approximate Sale Date: November 4, 2026
- Issuer Outstanding Shares: 794,920,513
Significance & Market Impact
The planned disposition represents approximately 0.003% of the company's 794.9M outstanding shares, presenting minimal market dilution or direct liquidity pressure. Because the transaction originates from a broker-assisted cashless exercise of stock options, it represents routine executive compensation realization rather than an unexpected open-market divestment of core holdings.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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