Colgate (CL) CLO Betsy Fishbone Receives RSU & Option Awards

What Happened

• Betsy Fishbone, Colgate-Palmolive's Chief Legal Officer and Corporate Secretary, received equity awards on September 16, 2026. The Form 4 reports an award of 2,207 shares (acquired at $0.00) and a derivative award of 15,271 units (recorded at $0.00), both granted as compensation rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-09-16; Filing date: 2026-09-18 (filed within the usual 2-business-day Form 4 window).
• Grants reported: 2,207 shares @ $0.00 (award); 15,271 derivative units @ $0.00 (award/option).
• Reported dollar value at grant: $0 for each line (these are compensation grants, not cash purchases).
• Shares owned after transaction: not provided in the summary data supplied.
• Footnotes:
  • F1: The 2,207 award is a restricted stock unit (RSU) under the company incentive plan; vests in equal 1/3 installments on each of the first, second and third anniversaries of the grant.
  • F2/F3: The 15,271 derivative award is a stock option under the incentive plan; the option vests in one‑third increments beginning on the first anniversary of the September 16, 2026 grant.

Context

• These are compensation grants (code A on Form 4), not purchases or sales — they reflect company compensation practices rather than an immediate market view by the insider.
• The RSUs vest over three years; the option becomes exercisable in three annual tranches, so any future shares or sales will depend on vesting and exercise decisions.