Colgate (CL) CPO Sally Massey Sells 1,796 Shares

What Happened Sally Massey, Chief People Officer at Colgate-Palmolive (CL), had a total of 1,796 shares disposed of as tax withholding tied to the vesting of restricted stock units. The withholdings occurred across three dates (9/11–9/13/2026) at $86.80 per share, totaling approximately $155,893. These are not open-market sales for cash gain but routine share retentions to satisfy tax obligations.

Key Details

• Transaction dates and amounts:
  • 2026-09-11: 651 shares @ $86.80 = $56,507
  • 2026-09-12: 459 shares @ $86.80 = $39,841
  • 2026-09-13: 686 shares @ $86.80 = $59,545
• Total: 1,796 shares withheld, total value ≈ $155,893.
• Transaction code: F — withholding of shares to pay tax liability on RSU vesting.
• Footnote: F1 confirms these were tax withholdings under the issuer’s incentive compensation plan.
• Shares owned after the transactions: not specified in this filing.
• Filing: Form 4 filed with SEC on 2026-09-15 reporting the above transactions (check SEC record for timeliness details).

Context Withholdings to cover taxes on vested RSUs are common and typically routine administrative transactions; they do not necessarily indicate the insider is bearish or bullish. For investors, purchases or open-market sales by insiders usually carry more interpretive weight than tax-withholding disposals.