NORRINGTON LORRIE M 4
Research Summary
AI-generated summary
Colgate-Palmolive (CL) Director Lorrie Norrington Receives Award
What Happened
- Director Lorrie M. Norrington received an award/acquisition of 294 shares (reported as code A) on 2026-04-01 at an implied value of $89.05 per share, totaling $26,181. This was an award/acquisition (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-04-01 at $89.05 per share (total $26,181).
- Transaction type: A = Award / Grant / Other acquisition (stock units).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The shares represent a portion of Norrington’s annual cash retainer deferred to a stock unit account under the Deferred Compensation Plan for Non-Employee Directors.
- Filing: Report filed 2026-04-03 (appears timely based on the reported transaction date).
Context
- This appears to be routine director compensation deferred into stock units rather than an active market buy or sell; such awards are common and do not, by themselves, indicate the director’s view of the stock. Stock units may be subject to plan rules for settlement or vesting.