Colgate (CL) EVP Malcolm Gregory Withholds Shares for Taxes

What Happened
Malcolm Gregory, EVP and Controller of Colgate-Palmolive (CL), had a total of 543 shares withheld to satisfy tax liabilities arising from the vesting of restricted stock units (RSUs). The withholding occurred in three dispositions: 167 shares on 2026-09-11 ($86.80/share, $14,496), 151 shares on 2026-09-12 ($86.80/share, $13,107), and 225 shares on 2026-09-13 ($86.80/share, $19,530). Combined value of the withheld shares is $47,133. This was a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-09-11: 167 shares @ $86.80 = $14,496
  • 2026-09-12: 151 shares @ $86.80 = $13,107
  • 2026-09-13: 225 shares @ $86.80 = $19,530
• Total withheld: 543 shares; total value: $47,133.
• Footnote: Withholding of shares to pay tax liability incident to the vesting of restricted stock units under the issuer's incentive compensation plan (code F).
• Shares owned after the transactions: not specified in the provided filing.
• Filing: Form 4 filed 2026-09-15 for transactions dated 2026-09-11 to 2026-09-13. Form 4s are typically due within two business days of the transaction—review the official filing for timeliness details.

Context
Tax-withholding by retaining vested RSU shares is routine and does not necessarily indicate an insider view on the company’s stock. Code F denotes shares were withheld to cover tax obligations rather than sold on the open market. For retail investors, outright purchases by insiders may carry more weight as signals than routine withholding transactions.