RPM International VP uses shares to cover taxes
Andrew G. Polanco, VP – Operations at RPM International, transferred 511 shares of Common Stock back to the company at $105.08 per share to satisfy tax obligations triggered by the vesting of Performance Stock Units granted in 2023.
Rhea-AI Filing Summary
Andrew G. Polanco, VP – Operations at RPM International, transferred 511 shares of Common Stock back to the company at $105.08 per share to satisfy tax obligations triggered by the vesting of Performance Stock Units granted in 2023. After this tax-withholding disposition, he holds 12,901 Common shares, including 2,658 unvested restricted shares and 3,820 Performance Earned Restricted Stock shares, and also holds Stock Appreciation Rights covering 6,100 underlying shares that vest in four equal annual installments and expire 10 years after their July 15, 2026 grant. The transaction was not reported as being under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value F1, F2 | 511 | $105.08 | $54K |
| holding | Stock Appreciation Rights F3, F4 | -- | -- | -- |
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 511 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- F2. ncludes an aggregate of 2,658 unvested restricted shares of Common Stock and 3,820 shares of Common Stock, issued as Performance Earned Restricted Stock.
- F3. No transaction is being reported on this line. Reported on a previously filed Form 3.
- 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 on July 15, 2026 and expire 10 years from the date of grant.
Key Figures
Key Terms
Performance Stock Units financial
Stock Appreciation Rights financial
Performance Earned Restricted Stock financial
Rule 16b-3 regulatory
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