RPM International Inc (NYSE: RPM) COO surrenders 1,455 shares for taxes
Rhea-AI Filing Summary
Dennsteadt David C. reported disposition transactions in this Form 4 filing.
RPM International reported that President & COO David C. Dennsteadt had 2023 Performance Stock Units vest on July 19, 2026, and to satisfy related tax obligations he returned 1,455 common shares to the company at $105.0800 per share. He now holds 31,154 common shares directly, including 17,225 unvested restricted shares and 6,070 performance-earned restricted shares, plus 600 shares indirectly via the 401(k) plan and Stock Appreciation Rights over 215,600 underlying shares.
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Insights
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Insider Trade Summary
Net Seller: 1,455 shares
Net Sell
3 txns
Insider
Dennsteadt David C.
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value F1, F2 | 1,455 | $105.08 | $153K |
| holding | Stock Appreciation Rights F4, F5 | -- | -- | -- |
| holding | Common Stock, $0.01 par value F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 31,154 shares (Direct);
Stock Appreciation Rights — 215,600 shares (Direct);
Common Stock, $0.01 par value — 600 shares (Indirect, By 401(k) Plan)
Footnotes (5)
- 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 1,455 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- F2. Includes an aggregate of 17,225 unvested restricted shares of Common Stock and 6,070 shares of Common Stock, issued as Performance Earned Restricted Stock.
- F3. Approximate number of shares of Common Stock held as of July 19, 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.
- F4. No transaction being reported on this line. Reported on a previously filed Form 3 or Form 4.
- F5. 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
Shares disposed for tax withholding: 1455.0000 shares of Common Stock
Transaction price per share: $105.0800 per share
Direct common shares after transaction: 31154.0000 shares of Common Stock
+4 more
7 metrics
Shares disposed for tax withholding
1455.0000 shares of Common Stock
Returned to issuer on July 19, 2026 to satisfy tax obligations
Transaction price per share
$105.0800 per share
Value applied to shares returned for tax obligations
Direct common shares after transaction
31154.0000 shares of Common Stock
Direct holdings following July 19, 2026 disposition, including restricted stock
Unvested restricted shares included
17225 unvested restricted shares
Part of direct common share holdings reported after the transaction
Performance-earned restricted shares included
6070 shares of Common Stock
Issued as Performance Earned Restricted Stock within direct holdings
Indirect 401(k) holdings
600 shares of Common Stock
Approximate shares held via RPM International Inc. 401(k) Trust and Plan as of July 19, 2026
Underlying shares for Stock Appreciation Rights
215600.0000 underlying shares
Common Stock underlying Stock Appreciation Rights held directly
Key Terms
Performance Stock Units, Stock Appreciation Rights, Rule 16b-3, 401(k) Trust and Plan
4 terms
Performance Stock Units financial
"a portion of the Reporting Person's Performance Stock Units previously granted in 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
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.
401(k) Trust and Plan financial
"held as of July 19, 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 insider transaction did RPM (RPM) report for David C. Dennsteadt on July 19, 2026?
RPM International reported that President & COO David C. Dennsteadt had 2023 Performance Stock Units vest and returned 1,455 common shares to the company to cover related tax obligations. The shares were valued at $105.0800 per share in this tax-withholding disposition.
What Stock Appreciation Rights linked to RPM (RPM) common stock does David C. Dennsteadt hold?
David C. Dennsteadt holds Stock Appreciation Rights linked to 215,600 underlying RPM common shares. These awards were granted between 2020 and 2026, vest in four equal annual installments starting one year after each grant date, and expire ten years from their respective grant dates.
How are the indirect RPM (RPM) holdings of David C. Dennsteadt structured?
Dennsteadt’s indirect RPM holdings consist of approximately 600 common shares held in his account within the RPM International Inc. 401(k) Trust and Plan. Fidelity Trust Management Company acts as trustee for this retirement plan, and the share count is approximate as of July 19, 2026.