RPM counsel Crandall surrenders shares for taxes
RPM International executive Tracy D. Crandall, VP, General Counsel and CCO, disposed of 488 shares of common stock on July 19, 2026 at $105.08 per share, returning them to RPM to satisfy tax obligations from vested 2023 Performance Stock Units.
Rhea-AI Filing Summary
RPM International executive Tracy D. Crandall, VP, General Counsel and CCO, disposed of 488 shares of common stock on July 19, 2026 at $105.08 per share, returning them to RPM to satisfy tax obligations from vested 2023 Performance Stock Units. After this tax-withholding disposition, Crandall directly holds 26,468 shares of RPM common stock, plus approximately 208 shares held indirectly through the RPM 401(k) Plan and stock appreciation rights linked to 17,600 underlying shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 488 shares
Tax Withholding
3 txns
Insider
Crandall Tracy D.
Role
VP, General Counsel and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value F1, F2 | 488 | $105.08 | $51K |
| holding | Stock Appreciation Rights F4, F5 | -- | -- | -- |
| holding | Common Stock, $0.01 par value F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 26,468 shares (Direct);
Stock Appreciation Rights — 17,600 contracts (Direct);
Common Stock, $0.01 par value — 208 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 488 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- F2. Includes an aggregate of 9,481 unvested restricted shares of Common Stock and 3,840 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 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 in 2025 and 2026 and expire 10 years from the date of grant.
Key Figures
Shares disposed for taxes: 488 shares
Disposition price per share: $105.08 per share
Direct holdings after transaction: 26,468 shares
+2 more
5 metrics
Shares disposed for taxes
488 shares
Common stock returned to RPM on July 19, 2026 to satisfy tax obligations
Disposition price per share
$105.08 per share
Value used for the 488-share tax-withholding disposition
Direct holdings after transaction
26,468 shares
RPM common stock directly owned by Tracy D. Crandall after the disposition
Indirect 401(k) holdings
208 shares
Approximate RPM shares in the 401(k) Trust and Plan as of July 19, 2026
Underlying shares for SARs
17,600 shares
Common stock underlying stock appreciation rights held directly
Key Terms
Performance Stock Units, Performance Earned Restricted Stock, Stock Appreciation Rights, Rule 16b-3, +1 more
5 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.
Performance Earned Restricted Stock financial
"3,840 shares of Common Stock, issued as Performance Earned Restricted Stock"
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 financial
"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 ... 401(k) Trust and Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RPM (RPM) report for Tracy D. Crandall?
RPM reported that Tracy D. Crandall disposed of 488 shares of common stock on July 19, 2026 to cover tax obligations. The shares were returned to RPM in connection with the vesting of 2023 Performance Stock Units, not sold in an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
