Colgate Palmolive Co COO Panagiotis Tsourapas sells $1.97M of CL
19,938 shares sold on the open market on Nov 4, at about $98.74 each.
Panagiotis Tsourapas, a chief operating officer of Colgate Palmolive Co (CL), sold 19,938 shares on Nov 4 at an average price of $98.74, a total of about $2 million, according to a Form 4 filed with the SEC on Nov 6.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.
The sale reduces the insider's holding by 69%, to 9,111 shares. Three Colgate Palmolive Co insiders sold on the open market within 14 days, a pattern known as a cluster sell.
Details from the SEC filing:
| Company | Colgate Palmolive Co (CL) |
|---|---|
| Insider | Panagiotis Tsourapas |
| Role | COO |
| Transaction | Open-market sale (code S) |
| Shares | 19,938 |
| Average price | $98.74 |
| Value | $1,968,708 |
| Trade date | Nov 4, 2026 |
| Filed with the SEC | Nov 6, 2026, 4:05 PM ET |
| Shares held after | 9,111 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
