RPM executive granted stock and 48,300 SARs
RPM International Inc. President & COO David C. Dennsteadt reported equity awards in company securities.
Rhea-AI Filing Summary
RPM International Inc. President & COO David C. Dennsteadt reported equity awards in company securities. He was granted 1,717 shares of Common Stock under the 2024 Omnibus Equity and Incentive Plan and 1,470 shares of Performance Earned Restricted Stock. He also received 48,300 Stock Appreciation Rights tied to Common Stock at a $103.04 exercise price, expiring on July 15, 2036 and vesting in four equal installments beginning July 15, 2027. Separately, approximately 600 shares of Common Stock are held for him in the RPM 401(k) Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F5, F6 | 48,300 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $0.01 par value F1 | 1,717 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $0.01 par value F2, F3 | 1,470 | $0.00 | $0.00 |
| holding | Common Stock, $0.01 par value F4 | -- | -- | -- |
Footnotes (6)
- F1. The Reporting Person was granted 1,717 shares of Common Stock, issued pursuant to the RPM International Inc. 2024 Omnibus Equity and Incentive Plan (the "Plan").
- F2. The Reporting Person was granted 1,470 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the Plan.
- F3. Includes an aggregate of 17,225 unvested restricted shares of Common Stock and 11,070 shares of Common Stock, issued as Performance Earned Restricted Stock.
- F4. 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.
- F5. The Stock Appreciation Rights vest in four equal installments, beginning on July 15, 2027.
- F6. 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 2020 and 2026 and expire 10 years from the date of grant.
Key Figures
Key Terms
Stock Appreciation Rights financial
Performance Earned Restricted Stock financial
2024 Omnibus Equity and Incentive Plan financial
Rule 16b-3 regulatory
FAQ
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What equity awards did RPM (RPM) President & COO David C. Dennsteadt receive?
How many Stock Appreciation Rights were granted to the RPM (RPM) executive?
What RPM (RPM) stock does Dennsteadt hold through the 401(k) Plan?
Under what plan were the new RPM (RPM) equity awards granted?
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