A Colgate-Palmolive director exercised and sold stock options at $93.37 per share, reflecting routine compensation realization.
Colgate-Palmolive Company (NYSE:CL) director John T. Cahill sold 4,170 shares of common stock on August 6, 2026, for a total of $389,353. The transaction was executed at a weighted average price of $93.37 per share, slightly above the market close of $93.00 on the same day.
The sale involved stock options awarded in May 2019, exercisable in annual installments as part of long-term incentive compensation. Following the transaction, Cahill retains 28,373 shares directly and 36,357 shares indirectly through a trust. The stock has delivered a 10% total return over the past 12 months as of the sale date.
The disposal appears routine, with no immediate market reaction reported.