Chief of Staff Kooyman John W sold 24,781 shares of CL at $102.88 on 2024-08-06 for $2.5M, retaining 3,191 shares.
Kooyman sold 24,781 shares (-88.6% of pre-transaction holdings) near the 52-week high of $102.81, leaving only 3,191 shares post-transaction. The transaction occurred at $102.88, within 0.1% of the 52-week high, on a stock that gained 5.8% over 30 days and 8.0% over 90 days. His cross-ticker track record shows a 50.00% well-timed rate on 2 prior sells, while at CL specifically, 1 of 2 prior sells were well-timed at the 90-day mark. The near-complete exit of a large position at elevated valuations (P/E 29.51) warrants investor attention to whether this represents a significant reduction in executive confidence or a routine portfolio action.