Sherwin-Williams (SHW) SVP reports PRSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Sherwin-Williams Company senior vice president Bryan J. Young reported equity compensation activity involving the company’s common stock. He acquired 3,900 shares through the vesting and payout of a performance-based restricted stock unit award granted on February 14, 2023 for the 2023–2025 performance period.
To cover tax withholding obligations from this vesting, 1,387 shares were mandatorily withheld by the company at a price of $368.59 per share, a tax-withholding disposition rather than an open-market sale. Following these transactions, Young directly owned 12,558 shares, and an additional 519 shares were attributable to his participation in The Sherwin-Williams Company 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Young Bryan J
Role
SVP - Corp Strategy & Devel.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,900 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,387 | $368.59 | $511K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,945 shares (Direct);
Common Stock — 519 shares (Indirect, 401(k) Plan)
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.
FAQ
What did Sherwin-Williams (SHW) executive Bryan J. Young report on this Form 4?
Bryan J. Young reported the vesting of a performance-based restricted stock unit award into 3,900 shares of Sherwin-Williams common stock, along with related tax withholding share disposals and updated direct and 401(k) plan share holdings.
What type of equity award vested for Sherwin-Williams (SHW) executive Bryan J. Young?
The filing shows a performance-based restricted stock unit (PRSU) award vested and paid in 3,900 Sherwin-Williams common shares, granted February 14, 2023 and tied to performance conditions for the 2023–2025 performance period under the company’s 2006 equity plan.