Insider Sale Insider Sale August 24, 2026

Tsourapas Panagiotis sold ~$920K in CL stock

CL (CL)  ·  COO, CD, EMEA, APac, Skin  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published

= insider buy date

CL price after insider trade by Tsourapas Panagiotis

Insider

Tsourapas Panagiotis

Role

COO, CD, EMEA, APac, Skin

Transaction

Open-Market Sale

Approx. Value

~$920K

Trade Date

Aug 24, 2026

Company

CL

Ticker

CL

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$920K sale

A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.

COO, CD, EMEA, APac, Skin

Corporate insiders must file trades with the SEC within 2 business days. Their unique access to non-public information makes these filings valuable data points.

TP

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On August 24, 2026, Tsourapas Panagiotis — COO, CD, EMEA, APac, Skin of CL — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$920K in CL (CL) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$920K
Insider role COO, CD, EMEA, APac, Skin

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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