Company: CL
Filing Date: 2025-05-29
Form Type: 8-K
Source: 0000021665-25-000025
Chunk: 1

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-05-29
Form: 8-K
Item: Item 5.02
Chunk 1
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 Mr. Grant will receive an annual grant of stock options (valued at $450,000) and time vested restricted stock units (valued at $300,000) in September 2025. For tax years 2025 and 2026, Mr. Grant will receive assistance with his income tax return preparation from the Company’s global mobility tax partner.

Beginning in 2026, Mr. Grant will participate in the Company’s long-term performance-based restricted stock unit program with a target value of $1,600,000. Mr. Grant’s actual award under this program may vary from target based on performance in accordance with the formulas and methodologies employed in the program, as determined by the Committee. In 2026, he will also receive an annual grant of stock options (valued at $1,600,000) and time vested restricted stock units (valued at $640,000).

Prabha Parameswaran, who has served as the Company’s Group President, Growth and Strategy since 2022, has communicated to the Company her intention to retire from the Company on October 1, 2025. As a result, the Board has elected Ms. Parameswaran Vice Chair of the Company, effective June 16, 2025. The Board also approved the promotion of Panagiotis Tsourapas to the position of Chief Operating Officer, Europe, Asia Pacific, Africa Eurasia, Skin Health & Global Customer Development and John Hazlin to the position of Chief Growth Officer, in each case effective June 16, 2025.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                          COLGATE-PALMOLIVE COMPANY                               
  Date: May 29, 2025      By: /s/ Noel R. Wallace                                 
                          Name: Noel R. Wallace                                   
                          Title: Chairman, President and Chief Executive Officer