COLGATE PALMOLIVE CO 4
0001225208-26-007020
View on SEC EDGARColgate-Palmolive CEO Noel R. Wallace exercised 322,042 stock options at $72.29 and sold an equal number of shares at around $92 per share on August 4–5, 2026, largely to cover costs and taxes, leaving him with 362,231 directly owned shares.
On August 4 and 5, 2026, Colgate-Palmolive Chairman, President & CEO Noel R. Wallace exercised a total of 322,042 stock options at an exercise price of $72.29 per share and immediately sold the same aggregate number of common shares in broker-assisted transactions primarily to cover the option exercise price and associated taxes. Specifically, on each of August 4 and 5, he exercised 161,021 options into common stock and then sold 161,021 shares on the same day at weighted average prices of $91.9179 and $92.5215, respectively, resulting in gross sale proceeds of roughly $14.8 million against an aggregate exercise cost of about $23.3 million across both days. After these transactions, Wallace reported direct ownership of 362,231 Colgate-Palmolive common shares, plus indirect holdings via the issuer’s 401(k) plan trustee, a spouse trust, and another trust, implying a post-transaction direct holding value of approximately $33.7 million based on the prevailing market price around $93 per share. The filing describes these as routine incentive compensation option exercises and related sales rather than open-market discretionary purchases or sales.
Filing Facts
- CIK
- 21665
- Ticker
- CL
- Form
- 4
- Source Type
- sec
- Accession
- 0001225208-26-007020
- Alert Tier
- 6