RPM International (NYSE: RPM) grants stock awards and SARs to VP Kastner
Rhea-AI Filing Summary
RPM International executive Janeen B. Kastner, VP Corporate Benefits/Risk Management, received equity awards on July 15, 2026. She was granted 1,107 shares of common stock under the 2024 Omnibus Equity and Incentive Plan and 1,200 performance earned restricted shares, both at no cash price.
After these grants she directly holds 136,264 common shares, including 7,168 unvested restricted shares and 6,740 performance earned restricted shares, plus about 1,123 shares held indirectly through the RPM 401(k) plan. She also received 21,500 Stock Appreciation Rights at an exercise price of $103.04, contributing to a total of 211,500 SARs outstanding that vest in four equal annual installments beginning one year after grant and expire 10 years from the grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kastner Janeen B.
Role
VP Corp. Benefits/Risk Mgmt.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights | 21,500 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 1,107 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 1,200 | $0.00 | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights — 211,500 shares (Direct);
Common Stock, $0.01 par value — 135,063 shares (Direct);
Common Stock, $0.01 par value — 1,123 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The Reporting Person was granted 1,107 shares of Common Stock, issued pursuant to the RPM International Inc. 2024 Omnibus Equity and Incentive Plan (the "Plan"). The Reporting Person was granted 1,200 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the Plan. Includes an aggregate of 7,168 unvested restricted shares of Common Stock and 6,740 shares of Common Stock, issued as Performance Earned Restricted Stock Approximate number of shares of Common Stock held as of July 15, 2026 in the account of the Reporting Person by Fidelity Trust Management Company, as Trustee of the RPM International Inc. 401(k) Trust and Plan, as amended. The Stock Appreciation Rights vest in four equal installments, beginning on July 15, 2027. 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 between 2017 and 2026 and expire 10 years from the date of grant.
Key Figures
Restricted stock grant: 1,107 shares
Performance earned restricted stock: 1,200 shares
Direct common shares after grant: 136,264 shares
+5 more
8 metrics
Restricted stock grant
1,107 shares
Common shares granted under 2024 Omnibus Equity and Incentive Plan on July 15, 2026
Performance earned restricted stock
1,200 shares
Performance earned restricted shares granted pursuant to the equity plan
Direct common shares after grant
136,264 shares
Total direct RPM common stock holdings following reported transactions
401(k) plan holdings
1,123 shares
Approximate common shares held via RPM International Inc. 401(k) Trust and Plan as of July 15, 2026
Unvested restricted shares
7,168 shares
Unvested restricted RPM common shares included within direct holdings
Performance earned restricted within holdings
6,740 shares
Performance earned restricted shares included within direct common share holdings
Stock Appreciation Rights grant
21,500 rights
New SARs granted at $103.04 exercise price, expiring July 15, 2036
Total SARs after grant
211,500 rights
Aggregate Stock Appreciation Rights position following the reported grant
Key Terms
Stock Appreciation Rights, Performance Earned Restricted Stock, Omnibus Equity and Incentive Plan, Rule 16b-3, +1 more
5 terms
Stock Appreciation Rights financial
"The Stock Appreciation Rights vest in four equal installments, beginning on July 15, 2027."
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.
Performance Earned Restricted Stock financial
"1,200 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the Plan."
Omnibus Equity and Incentive Plan financial
"Common Stock, issued pursuant to the RPM International Inc. 2024 Omnibus Equity and Incentive Plan."
Rule 16b-3 regulatory
"Stock Appreciation Rights granted pursuant to the Plan in 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.
401(k) Trust and Plan financial
"held as of July 15, 2026 in the account of the Reporting Person by Fidelity Trust Management Company, as Trustee of the RPM International Inc. 401(k) Trust and Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RPM (RPM) executive Janeen B. Kastner acquire in this Form 4?
Janeen B. Kastner received equity compensation consisting of 1,107 common shares, 1,200 performance earned restricted shares, and 21,500 Stock Appreciation Rights at a $103.04 exercise price, all granted on July 15, 2026 under RPM’s equity incentive plan.
What are the terms of the Stock Appreciation Rights granted to the RPM (RPM) executive?
Kastner was granted 21,500 Stock Appreciation Rights with a $103.04 exercise price, expiring on July 15, 2036. These, like her other SARs, vest in four equal annual installments beginning one year after the grant date and expire 10 years after grant.
What is the total Stock Appreciation Rights position reported for the RPM (RPM) executive?
Following the latest grant, Kastner holds 211,500 Stock Appreciation Rights tied to RPM common stock. According to the disclosure, these SARs were granted between 2017 and 2026, vest in four equal annual installments, and expire 10 years from their respective grant dates.
How is the RPM (RPM) executive’s 401(k) position described in the Form 4?
The filing notes an approximate 1,123 RPM shares held in Kastner’s account within the RPM International Inc. 401(k) Trust and Plan as of July 15, 2026. These shares are held indirectly, with Fidelity Trust Management Company acting as trustee of the plan.