Equity award vesting and tax-share disposal for Sherwin-Williams (SHW) executive
Rhea-AI Filing Summary
The Sherwin-Williams Company executive Colin M. Davie reported equity compensation activity involving company common stock. He acquired 3,300 shares on a grant or award basis at $0.0000 per share, tied to a performance-based restricted stock unit (PRSU) award that vested for the 2023–2025 performance period.
To cover related tax withholding obligations upon this PRSU vesting, 1,346 shares were disposed of at $368.5900 per share through a tax-withholding transaction, rather than an open-market sale. After these transactions, he directly owned 7,319 common shares, and an additional 563.36 shares were held indirectly through The Sherwin-Williams Company 401(k) Plan as of the trustee’s 2/13/2026 statement.
Positive
- None.
Negative
- None.
Insights
Activity reflects routine equity award vesting with tax withholding, not open-market trading.
The transactions show a PRSU award vesting into 3,300 common shares for Colin M. Davie, consistent with performance-based executive compensation under the 2006 Equity and Performance Incentive Plan. This is a non-cash acquisition at $0.0000 per share.
The disposition of 1,346 shares at $368.5900 per share is explicitly for tax withholding, indicating no discretionary selling decision in the market. Following these changes, he reports 7,319 directly held shares and 563.36 shares via the company 401(k) Plan, reflecting updated beneficial ownership rather than a strategic shift.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,346 | $368.59 | $496K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These securities represent a performance-based restricted stock unit ("PRSU") award that has vested and paid out in shares of Common Stock. This award was granted on February 14, 2023, and vested subject to the achievement of certain performance conditions for the 2023 - 2025 performance period, pursuant to the terms of a PRSU agreement under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan. These securities represent the number of shares of Common Stock mandatorily withheld by the Issuer to satisfy the Reporting Person's tax withholding liabilities due upon the vesting of the PRSU award. Represents the number of shares of Common Stock attributable to the Reporting Person's participation in The Sherwin-Williams Company 401(k) Plan per the trustee's 2/13/2026 statement.