RPM International CAO reports tax-share disposition
RPM International officer Michael J. Laroche, VP, Controller & CAO, reported a tax-withholding disposition of 524 shares of common stock on July 19, 2026 at $105.08 per share, returned to the issuer to satisfy tax obligations.
Rhea-AI Filing Summary
RPM International officer Michael J. Laroche, VP, Controller & CAO, reported a tax-withholding disposition of 524 shares of common stock on July 19, 2026 at $105.08 per share, returned to the issuer to satisfy tax obligations. Following this event he directly holds 15,376 common shares, including 7,276 unvested restricted shares and 4,190 performance-earned restricted shares, plus stock appreciation rights tied to 4,700 underlying shares that vest in four equal annual installments and expire 10 years from the 2026 grant date.
Positive
- None.
Negative
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Insider Trade Summary
Tax Withholding: 524 shares
Tax Withholding
2 txns
Insider
Laroche Michael J.
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value F1, F2 | 524 | $105.08 | $55K |
| holding | Stock Appreciation Rights F3, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 15,376 shares (Direct);
Stock Appreciation Rights — 4,700 contracts (Direct)
Footnotes (4)
- F1. On July 19, 2026, a portion of the Reporting Person's Performance Stock Units previously granted in 2023 pursuant to the Plan vested. In accordance with the Plan, the Reporting Person disposed of 1,750 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- F2. Includes an aggregate of 7,276 unvested restricted shares of Common Stock and 4,190 shares of Common Stock, issued as Performance Earned Restricted Stock.
- F3. No transaction being reported on this line. Reported on a previously filed Form 4.
- F4. Stock Appreciation Rights granted pursuant to the Plan in exempt transactions under Rule 16b-3. These Stock Appreciation Rights vest in four equal annual installments commencing one year after the date of grant. These Stock Appreciation Rights were granted in 2026 and expire 10 years from the date of grant.
Key Figures
Tax-withholding shares: 524 shares
Tax-withholding price: $105.08 per share
Shares owned after transaction: 15,376 shares
+3 more
6 metrics
Tax-withholding shares
524 shares
Common stock disposed of for tax withholding on July 19, 2026
Tax-withholding price
$105.08 per share
Per-share value used for the 524-share tax-withholding disposition
Shares owned after transaction
15,376 shares
Total RPM common shares directly owned by Laroche following the transaction
Unvested restricted shares
7,276 shares
Unvested restricted RPM common shares included in post-transaction holdings
Performance-earned restricted stock
4,190 shares
Performance-earned restricted RPM common shares included in holdings
Underlying SAR shares
4,700 shares
Common shares underlying stock appreciation rights held directly
Key Terms
Performance Stock Units, Performance Earned Restricted Stock, Stock Appreciation Rights, Rule 16b-3
4 terms
Performance Stock Units financial
"a portion of the Reporting Person's Performance Stock Units previously granted in 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Performance Earned Restricted Stock financial
"4,190 shares of Common Stock, issued as Performance Earned Restricted Stock"
Stock Appreciation Rights financial
"Stock Appreciation Rights granted pursuant to the Plan in exempt transactions"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
Rule 16b-3 regulatory
"exempt transactions under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RPM (RPM) report for Michael J. Laroche?
Michael J. Laroche reported a tax-withholding disposition of 524 RPM common shares at $105.08 per share. The shares were returned to the issuer to satisfy his tax obligations arising from vesting equity awards.
What equity awards in RPM (RPM) are highlighted for Michael J. Laroche?
Laroche holds stock appreciation rights tied to 4,700 underlying RPM common shares. These rights were granted in 2026 under the company plan, vest in four equal annual installments, and expire 10 years from the grant date.
How much of Laroche’s RPM (RPM) holdings are restricted or performance-based?
Out of Laroche’s 15,376 RPM common shares, 7,276 are unvested restricted shares and 4,190 are performance-earned restricted shares. The remaining shares are fully vested common stock held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
