RPM (RPM) former VP covers tax bill with 208 shares and retains 21,040
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RPM International former VP-Operations Timothy R. Kinser reported routine equity compensation activity. On May 31, 2026, 612 shares of Common Stock vested under the company’s 2014 Omnibus Equity and Incentive Plan, and 208 shares were returned to the issuer to cover his tax obligations, a non-market tax-withholding disposition.
After this transaction, he directly held 21,040 shares of Common Stock, including 3,606 unvested restricted shares and 5,540 Performance Earned Restricted Stock shares. He also holds Stock Appreciation Rights tied to 70,000 underlying shares of Common Stock, which were granted between 2022 and 2025 under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kinser Timothy R.
Role
Former VP-Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 208 | $105.97 | $22K |
| holding | Stock Appreciation Rights | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 21,040 shares (Direct, null);
Stock Appreciation Rights — 70,000 shares (Direct, null)
Footnotes (1)
- On May 31, 2026, 612 shares of Common Stock issued to the Reporting Person pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan") vested. In accordance with the terms of the Plan, the Reporting Person disposed of 208 shares back to the issuer to satisfy tax obligations of the Reporting Person. Includes an aggregate of 3,606 unvested restricted shares of Common Stock and 5,540 shares of Common Stock, issued as Performance Earned Restricted Stock. No transaction being reported on this line. Reported on a previously filed Form 3, Form 4 or Form 5. Stock Appreciation Rights granted 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 2022 and 2025 and expire 10 years from the date of grant.
Key Figures
Shares withheld for taxes: 208 shares
Vested shares: 612 shares
Shares held after transaction: 21,040 shares
+4 more
7 metrics
Shares withheld for taxes
208 shares
Disposed back to issuer at $105.97 per share to cover tax obligations
Vested shares
612 shares
Common Stock vested on May 31, 2026 under 2014 Omnibus Equity and Incentive Plan
Shares held after transaction
21,040 shares
Total direct Common Stock holdings following tax-withholding disposition
Unvested restricted shares
3,606 shares
Unvested restricted Common Stock included in post-transaction holdings
Performance Earned Restricted Stock
5,540 shares
Performance-based restricted shares included in holdings
Underlying shares for SARs
70,000 shares
Common Stock underlying Stock Appreciation Rights held directly
Reported price per share for tax withholding
$105.97 per share
Value used for 208-share tax-withholding disposition of Common Stock
Key Terms
Stock Appreciation Rights, restricted shares of Common Stock, Performance Earned Restricted Stock, Rule 16b-3, +1 more
5 terms
Stock Appreciation Rights financial
"Stock Appreciation Rights granted in exempt transactions under Rule 16b-3."
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
"and 5,540 shares of Common Stock, issued as Performance Earned Restricted Stock."
Rule 16b-3 regulatory
"Stock Appreciation Rights granted 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.
tax obligations financial
"disposed of 208 shares back to the issuer to satisfy tax obligations of the Reporting Person."
FAQ
What insider transaction did RPM (RPM) report for Timothy R. Kinser?
RPM disclosed that former VP-Operations Timothy R. Kinser had 612 shares vest and disposed of 208 shares back to the company to cover tax obligations. This was recorded as a tax-withholding disposition, not an open-market sale of shares.
What Stock Appreciation Rights does the RPM (RPM) insider retain?
Kinser holds Stock Appreciation Rights linked to 70,000 underlying RPM Common Stock shares. These rights were granted between 2022 and 2025 under Rule 16b-3, vest in four equal annual installments, and expire ten years after each respective grant date.