Edwards Lisa 4

What Happened

• Lisa Edwards, a director of Colgate-Palmolive Co. (CL), received two equity awards on May 11, 2026: 2,075 shares credited as stock units and a derivative award of 2,424 shares (stock option grant). Both awards were granted at $0.00 (i.e., no cash purchase). The option award is subject to vesting and is not an exercised option or sale.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (two days after the grants).
• Award amounts and prices: 2,075 stock units @ $0.00; 2,424-share option award @ $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Relevant footnotes:
  • F1: The 2,075 shares were an annual director stock grant credited to a stock unit account under the company’s incentive compensation plan.
  • F2: The 2,424-share entry is an annual director stock option grant under the plan.
  • F3: The option vests in equal annual installments over three years, beginning on the first anniversary of the May 11, 2026 grant (i.e., starting ~May 11, 2027).
• Filing timeliness: Filed May 13, 2026 covering May 11, 2026 transactions — appears timely under normal Form 4 rules.

Context

• These are non-cash, routine director compensation grants rather than open-market purchases or sales, so they do not by themselves signal immediate insider buying or selling sentiment.
• The derivative award is an option that will vest over three years; it was granted but not exercised or sold, so no immediate taxable sale or proceeds occurred.