Lorrie Norrington, an officer at Colgate-Palmolive Company, has filed a notice to sell 4,170 shares of the company's common stock. This transaction is significant as it follows the exercise of employee stock options, which Norrington acquired on the same date.

Colgate-Palmolive, a well-known player in the consumer goods industry, is recognized for its wide range of products including personal care, oral care, and household items. The company's stock is traded on the New York Stock Exchange under the ticker symbol CL.

According to the recent filing dated November 5, 2026, Norrington's sale of shares is valued at approximately $414,123.12. The filing specifies that the sale will be facilitated through a broker-assisted cashless exercise, which is a common method for executives to manage their stock options.

"Nature of acquisition transaction: Exercise of employee stock options," the filing states.

This transaction may impact various stakeholders, including investors and other executives within Colgate-Palmolive. It reflects the ongoing trend of executives managing their stock holdings, particularly in light of market conditions and personal financial strategies.

As for what’s next, the filing does not specify any further actions or upcoming transactions related to this sale.

Broker Details

The sale of shares will be executed through Merrill Lynch, a well-known brokerage firm located at 225 Liberty Street, Floor 37, New York, NY 10281. This partnership with a reputable broker highlights the professional handling of the transaction.

Outstanding Shares

As of the filing date, Colgate-Palmolive has a total of 794,920,513 shares outstanding. This figure provides context for the scale of Norrington's transaction in relation to the overall equity of the company.

Acquisition and Payment Details

Norrington acquired the shares on the same date as the sale, November 5, 2026, through the exercise of employee stock options, which were facilitated via a broker-assisted cashless exercise. This method allows executives to sell shares immediately without needing to provide cash upfront.

"Amount of securities acquired: 4,170," the filing notes.

Recent Activity

The filing indicates that there have been no other reported sales of securities by Norrington in the past three months, suggesting this transaction may be a significant liquidity event for her.