RPM International (NYSE: RPM) grants stock and SAR awards to CFO
Rhea-AI Filing Summary
RPM International reported that VP and CFO Gordon Russell L received equity awards on July 15, 2026, including 959 shares of Common Stock, 1,470 Performance Earned Restricted Stock, and 26,400 Stock Appreciation Rights at a $103.0400 exercise price, vesting in four equal annual installments beginning July 15, 2027 and expiring July 15, 2036. Following these grants, he directly holds 81,418.7 Common shares and 219,800 Stock Appreciation Rights, including 6,628 unvested restricted shares and 7,010 performance-earned restricted shares under the company’s 2024 Omnibus Equity and Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gordon Russell L
Role
VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights | 26,400 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 959 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 1,470 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Rights — 219,800 shares (Direct);
Common Stock, $0.01 par value — 79,948.7 shares (Direct)
Footnotes (1)
- The Reporting Person was granted 959 shares of Common Stock, issued pursuant to the RPM International Inc. 2024 Omnibus Equity and Incentive Plan (the "Plan"). The Reporting Person was granted 1,470 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the Plan. Includes an aggregate of 6,628 unvested restricted shares of Common Stock and 7,010 shares of Common Stock, issued as Performance Earned Restricted Stock. 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
Common stock grant (Plan): 959 shares
Performance Earned Restricted Stock grant: 1,470 shares
Stock Appreciation Rights granted: 26,400 rights
+5 more
8 metrics
Common stock grant (Plan)
959 shares
Shares of Common Stock granted under the 2024 Omnibus Equity and Incentive Plan on 2026-07-15
Performance Earned Restricted Stock grant
1,470 shares
Performance Earned Restricted Stock granted under the Plan on 2026-07-15
Stock Appreciation Rights granted
26,400 rights
Stock Appreciation Rights granted on 2026-07-15 under the Plan
SAR exercise price
$103.0400 per share
Conversion or exercise price for Stock Appreciation Rights granted 2026-07-15
SAR expiration date
2036-07-15
Expiration date for the newly granted Stock Appreciation Rights
Common Stock held after grants
81,418.7 shares
Direct Common Stock holdings following July 15, 2026 awards
Unvested and performance-restricted shares
6,628 and 7,010 shares
Unvested restricted shares and Performance Earned Restricted Stock included in holdings
Stock Appreciation Rights held after grant
219,800 rights
Total Stock Appreciation Rights position after the latest grant
Key Terms
Stock Appreciation Rights, Performance Earned Restricted Stock, RPM International Inc. 2024 Omnibus Equity and Incentive Plan, Rule 16b-3
4 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
"1,470 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the Plan."
RPM International Inc. 2024 Omnibus Equity and Incentive Plan financial
"Common Stock, issued pursuant to the RPM International Inc. 2024 Omnibus Equity and Incentive Plan (the "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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards did RPM (RPM) grant to VP and CFO Gordon Russell L on July 15, 2026?
RPM granted VP and CFO Gordon Russell L 959 shares of Common Stock, 1,470 shares of Performance Earned Restricted Stock, and 26,400 Stock Appreciation Rights on July 15, 2026, all issued under the RPM International Inc. 2024 Omnibus Equity and Incentive Plan.
What Stock Appreciation Rights did RPM (RPM) award to Gordon Russell L and on what terms?
RPM awarded 26,400 Stock Appreciation Rights with a $103.0400 exercise price, expiring July 15, 2036. These rights vest in four equal annual installments beginning July 15, 2027, and are granted under the company’s 2024 Omnibus Equity and Incentive Plan.
What are Gordon Russell L's RPM (RPM) common stock holdings after these grants?
After the reported grants, he directly holds 81,418.7 shares of RPM Common Stock. This total includes 6,628 unvested restricted shares and 7,010 Performance Earned Restricted Stock shares, as described in the accompanying equity plan footnote.
How many Stock Appreciation Rights in RPM (RPM) does Gordon Russell L hold following the latest grant?
Following the new award of 26,400 rights, Gordon Russell L holds 219,800 Stock Appreciation Rights in total. These rights were granted between 2017 and 2026 under the equity plan and generally expire 10 years from their respective grant dates.