RPM International (NYSE: RPM) VP covers taxes via 748-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kastner Janeen B. reported disposition transactions in this Form 4 filing.
RPM International Inc. vice president Janeen B. Kastner reported equity compensation activity tied to company stock. On May 31, 2026, 1,776 shares of common stock vested under the 2014 Omnibus Equity and Incentive Plan, and 748 shares were returned to the company to satisfy tax obligations. After these transactions, she directly holds 133,956 shares of common stock, plus approximately 1,123 shares in the RPM 401(k) plan, along with stock appreciation rights linked to 190,000 underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kastner Janeen B.
Role
VP Corp. Benefits/Risk Mgmt.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 748 | $105.97 | $79K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 133,956 shares (Direct, null);
Stock Appreciation Rights — 190,000 shares (Direct, null);
Common Stock, $0.01 par value — 1,123 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- On May 31, 2026, 1,776 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 748 shares back to the issuer to satisfy tax obligations of the Reporting Person. Includes an aggregate of 6,061 unvested restricted shares of Common Stock and 5,540 shares of Common Stock, issued as Performance Earned Restricted Stock. Approximate number of shares of Common Stock held as of May 31, 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. No transaction being reported on this line. Reported on a previously filed Form 3, Form 4 or Form 5. 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 between 2017 and 2025 and expire 10 years from the date of grant.
Key Figures
Vested shares: 1,776 shares
Tax-withholding shares: 748 shares
Direct common shares after transaction: 133,956 shares
+4 more
7 metrics
Vested shares
1,776 shares
Common Stock vested on May 31, 2026 under 2014 Plan
Tax-withholding shares
748 shares
Common Stock disposed back to issuer for tax obligations
Direct common shares after transaction
133,956 shares
Total RPM common stock directly held after reported events
401(k) plan shares
1,123 shares
Approximate common shares in RPM 401(k) Trust and Plan
Unvested restricted shares
6,061 shares
Unvested restricted RPM common stock included in holdings
Performance earned restricted stock
5,540 shares
Performance Earned Restricted Stock included in common holdings
Underlying SAR shares
190,000 shares
Common shares underlying stock appreciation rights held directly
Key Terms
Stock Appreciation Rights, Performance Earned Restricted Stock, Rule 16b-3, 401(k) Trust and Plan, +1 more
5 terms
Stock Appreciation Rights financial
"Stock Appreciation Rights granted pursuant to the Plan 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
"Includes an aggregate of 6,061 unvested restricted shares of Common Stock and 5,540 shares of Common Stock, issued as Performance Earned Restricted Stock."
Rule 16b-3 regulatory
"Stock Appreciation Rights granted pursuant to the Plan 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
"Approximate number of shares of Common Stock held ... in the account ... by Fidelity Trust Management Company, as Trustee of the RPM International Inc. 401(k) Trust and Plan."
tax obligations financial
"the Reporting Person disposed of 748 shares back to the issuer to satisfy tax obligations of the Reporting Person."
FAQ
What did RPM (RPM) executive Janeen B. Kastner report in this Form 4?
Janeen B. Kastner reported equity compensation activity, including vesting of common stock and a tax-related share disposition. The filing reflects standard plan-driven events rather than an open-market stock trade, showing updated ownership in RPM common shares and related awards.
What indirect RPM (RPM) holdings does Janeen B. Kastner have through the 401(k) plan?
Kastner holds approximately 1,123 RPM common shares indirectly through the RPM International Inc. 401(k) Trust and Plan. These shares are managed by Fidelity Trust Management Company as trustee, representing retirement-plan investments in company stock.