Sherwin-Williams insider filing: 98.17 deferred units added, 517 RSUs disposed
Rhea-AI Filing Summary
Robert J. Gamgort, a director of Sherwin-Williams Co. (SHW), reported changes in his beneficial ownership on 10/03/2025. He acquired 98.17 deferred stock units under the 2005 Director Deferred Fee Plan at a weighted average price of $343.81, and disposed of 517 restricted stock units (RSUs). After the reported transactions he beneficially owns 281.71 deferred stock units held indirectly; the deferred units are payable in shares following separation from service.
Positive
- Director received deferred compensation in the form of 98.17 deferred stock units under the 2005 Director Deferred Fee Plan
- Deferred stock units remain payable in stock, preserving alignment of the director's economic interest with shareholders over time
Negative
- Disposition of 517 RSUs reduced the reporting person's immediate equity holdings
- Deferred units are held indirectly, which may delay direct voting or liquidity until separation from service
Insights
Director deferred fees converted to deferred stock units; a portion of RSUs was disposed.
The reporting shows 98.17 deferred stock units credited under the 2005 Director Deferred Fee Plan using a weighted average price of $343.81 on 10/03/2025. Those units are economic equivalents of shares and are payable solely in stock after the director leaves service.
The disposal of 517 RSUs reduces immediate share-based holdings while the credited deferred units remain as indirect, non-current economic exposure; monitor future vesting or payouts linked to separation events within typical director deferral arrangements.
An insider filing records routine director compensation and an RSU disposition, consistent with governance reporting rules.
The Form 4 lists holdings as indirect for the deferred units and reports the RSU disposition on 10/03/2025, with the form signed by an attorney-in-fact on 10/07/2025. The entries are specific to compensation plan mechanics rather than opportunistic open-market trading.
Investors tracking dilution or director alignment should note the continuing deferred stock unit balance of 281.71 units and that deferred units include dividend reinvestment credits; these affect long-term alignment but do not immediately change voting share counts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98.17 | $343.81 | $34K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the number of deferred stock units acquired by the Reporting Person, in an exempt transaction, pursuant to the 2005 Director Deferred Fee Plan ("Deferred Fee Plan"). Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable solely in stock, generally following the Reporting Person's separation from service as a Director of the Company. Represents the weighted average share price on the transaction date used to determine the number of deferred stock units credited to the Reporting Person's account. These securities consist of deferred stock units, held pursuant to the Deferred Fee Plan, and include deferred stock units acquired pursuant to the dividend reinvestment feature of such Plan. These securities consist of 517 restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of common stock.
