Sherwin-Williams (NYSE: SHW) CEO logs tax-withholding share disposition in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherwin-Williams President & CEO Heidi G. Petz reported a tax-related share disposition tied to equity compensation. On February 13, 2026, 3,322 shares of Common Stock were disposed of at $372.49 per share through a tax-withholding disposition, where shares were mandatorily withheld by the company to cover taxes upon vesting of 8,350 restricted stock units granted in 2023.
After this transaction, Petz directly beneficially owned 17,162 shares of Common Stock, and indirectly held 376.78 shares through participation in The Sherwin-Williams Company 401(k) Plan as of the trustee’s February 13, 2026 statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Petz Heidi G
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,322 | $372.49 | $1.24M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,162 shares (Direct);
Common Stock — 376.78 shares (Indirect, 401(k) Plan)
Footnotes (1)
- These securities represent the number of shares of Common Stock mandatorily withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations due upon the vesting of 8,350 Restricted Stock Units ("RSUs"), granted to the Reporting Person on February 14, 2023. This award was granted pursuant to the terms of an RSU agreement under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan. 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.
FAQ
What insider transaction did Sherwin-Williams (SHW) report for Heidi G. Petz?
Sherwin-Williams reported a tax-withholding disposition for President & CEO Heidi G. Petz involving 3,322 shares of Common Stock. These shares were mandatorily withheld by the company to satisfy tax obligations triggered by vesting of 8,350 restricted stock units granted in 2023.
Was the Sherwin-Williams (SHW) insider transaction an open-market sale?
No, the transaction was a tax-withholding disposition coded "F," not an open-market sale. Shares were withheld by Sherwin-Williams to cover Heidi G. Petz’s tax obligations upon vesting of restricted stock units under the company’s equity and performance incentive plan.
What does transaction code "F" mean in the Sherwin-Williams (SHW) Form 4?
Transaction code "F" indicates payment of exercise price or tax liability by delivering securities. In this case, it reflects shares of Sherwin-Williams Common Stock withheld to satisfy Heidi G. Petz’s tax withholding obligations when her restricted stock units vested.
How is Heidi G. Petz’s 401(k) ownership in Sherwin-Williams (SHW) reported?
Her 401(k) ownership is reported as indirect beneficial ownership. The filing shows 376.78 Sherwin-Williams Common Stock shares attributable to her participation in The Sherwin-Williams Company 401(k) Plan, based on the trustee’s February 13, 2026 statement.