Insider Activity Spotlight: Tsourapas Panagiotis Buys 35,000 Shares of Colgate‑Palmolive

The latest form 4 filing from Tsourapas Panagiotis, the Chief Operating Officer for Colgate‑Palmolive’s European, APAC, Africa‑Eur and Skin businesses, shows a purchase of 35,000 common shares at $76.41 on February 11, 2026. The transaction follows a pattern of exercising and selling options in the same week—35,000 shares were also sold at an average of $94.61, and an additional 15,000 shares were bought and sold at $76.41 and $97.81 respectively. This dual‑leg activity indicates a short‑term strategy: exercising options to create a long position, then quickly taking profits as the share price climbs toward its 52‑week high.

What Does This Mean for Investors?

The net effect is a net purchase of 10,415 shares, bringing Panagiotis’s holdings to 25,415 shares. While the absolute number is modest relative to the $76 billion market cap, it signals confidence in a near‑term rally. The timing—just after the company’s price edged up 2.4% over the week and sits only $4 below its 52‑week peak—suggests the COO expects the stock to continue testing new highs. For the broader investor base, the move may be interpreted as a “buy‑the‑dip” cue: insiders are willing to buy when the price dips slightly, implying they see value in the stable consumer‑staples business model.

Historical Insider Behavior of Panagiotis

A review of Panagiotis’s past 4‑filed transactions shows a consistent pattern of option exercise followed by quick sales. In September 2025, he exercised options for 32,949 shares, bought 4,759 shares, and then sold 521 and 900 shares in a split‑week transaction. The most recent sale in December 2025 of 221 shares at $78.20 and a sale of 900 shares at $83.28 mirror the 2026 pattern. His holdings have fluctuated between 10,000 and 60,000 shares, but he rarely holds a position long enough to influence the stock price materially. The 2026 trades, however, reflect a strategic timing play: buy low (around $76), sell high (mid‑$90s), and then re‑enter, a classic short‑term arbitrage approach that insiders sometimes use to offset option costs.

Company‑Wide Insider Activity Context

Colgate‑Palmolive’s insider landscape is otherwise quite quiet. The most significant trades come from the CEO and CFO, who each sold tens of thousands of shares in early February, and from a growth‑equity ETF that bought almost 4,000 shares on February 10. The overall pattern shows a modest net selling pressure from executives, offset by small institutional buys. Panagiotis’s net purchase of 10,415 shares therefore stands out as a relative bullish signal in an otherwise bearish‑leaning month.

Takeaway for Portfolio Managers

  • Short‑Term View: The COO’s buy‑sell cycle indicates a short‑term upside play. If the stock continues to drift toward its 52‑week high, the next move could be a quick sell, potentially creating a minor buying opportunity for retail investors.
  • Long‑Term View: Colgate‑Palmolive remains a solid consumer‑staples staple with a diversified product portfolio and steady cash flows. The modest insider buying is unlikely to change the long‑term fundamentals, but it does confirm that key executives see value in the current price level.
  • Risk Management: The insider activity is small relative to the total float, so market impact is limited. Nonetheless, the pattern of exercising options and selling quickly can signal that insiders are looking to harvest gains rather than build long‑term positions, a cue for investors to monitor earnings releases and commodity cost trends that could affect margins.

In summary, Tsourapas Panagiotis’s recent transactions suggest short‑term confidence in a price rally, while the broader insider activity remains largely neutral. Investors should weigh this insider optimism against Colgate‑Palmolive’s stable dividend and cash‑generating business before deciding whether to add or adjust their positions.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-11Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Buy35,000.0076.41Common Stock
2026-02-11Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Sell35,000.0094.61Common Stock
2026-02-12Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Buy15,000.0076.41Common Stock
2026-02-12Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Sell15,000.0097.81Common Stock
N/ATsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Holding4,568.00N/ACommon Stock
N/ATsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Holding60,745.00N/ACommon Stock
2026-02-11Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Sell35,000.000.00Stock Option (Right to Buy)
2026-02-12Tsourapas Panagiotis (COO, Eur., APac, Afr Eur, Skin)Sell15,000.000.00Stock Option (Right to Buy)