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Sherwin-Williams (SHW) director Kerrii Anderson awarded deferred stock units under fee plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sherwin-Williams director Kerrii B. Anderson received an award of deferred stock units under the company’s 2005 Director Deferred Fee Plan. She acquired 28.54 deferred stock units, each economically equivalent to one share of common stock, based on a weighted average share price of $350.40.

These units are held indirectly through the Deferred Fee Plan and become payable in stock, generally after she leaves the board. Following this award, she holds 1,076.42 deferred stock units under the plan, and separately has 5,819 direct equity interests, consisting of 1,100 restricted stock units and 4,719 common shares.

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Insider ANDERSON KERRII B
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 28.54 $350.40 $10K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,076.42 shares (Indirect, Deferred Fee Plan); Common Stock — 5,819 shares (Direct)
Footnotes (1)
  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 to be 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. No transaction is being reported on this line. Reported on a previously filed Form 4. These securities consist of 1,100 restricted stock units ("RSUs") and 4,719 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
Deferred stock units acquired 28.54 units Compensation award on 2026-07-06
Weighted average share price $350.40 per share Used to determine deferred units credited
Deferred stock units after transaction 1,076.42 units Held under Deferred Fee Plan after award
Direct equity holdings 5,819 units Combination of RSUs and common shares
Restricted stock units 1,100 RSUs Each RSU equals right to one common share
Direct common shares 4,719 shares Directly held Sherwin-Williams common stock
Deferred Fee Plan financial
"pursuant to the 2005 Director Deferred Fee Plan ("Deferred Fee Plan")."
deferred stock units financial
"Represents the number of deferred stock units acquired by the Reporting Person, in an exempt transaction"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
restricted stock units financial
"These securities consist of 1,100 restricted stock units ("RSUs") and 4,719 shares of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment feature financial
"include deferred stock units acquired pursuant to the dividend reinvestment feature of such Plan."
economic equivalent financial
"Each deferred stock unit is the economic equivalent of one share of common stock."
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FAQ

What did Sherwin-Williams (SHW) director Kerrii B. Anderson report in this Form 4?

Kerrii B. Anderson reported receiving 28.54 deferred stock units as a compensation-related award under Sherwin-Williams’ 2005 Director Deferred Fee Plan. These units are economically equivalent to common shares and are generally payable in stock after she leaves the board.

How many Sherwin-Williams (SHW) deferred stock units did Kerrii B. Anderson acquire and at what price?

She acquired 28.54 deferred stock units, calculated using a weighted average share price of $350.40 on the transaction date. Each deferred stock unit is economically equivalent to one common share and is credited to her account under the Deferred Fee Plan.

What are Kerrii B. Anderson’s indirect holdings in Sherwin-Williams (SHW) after this transaction?

After this transaction, she holds 1,076.42 deferred stock units indirectly through the Director Deferred Fee Plan. These include units received from fee deferrals and dividend reinvestment, and they will be settled in Sherwin-Williams common stock following her separation from board service.

What are Kerrii B. Anderson’s direct Sherwin-Williams (SHW) equity holdings according to the Form 4?

Her direct holdings consist of 5,819 equity interests: 1,100 restricted stock units and 4,719 shares of common stock. Each restricted stock unit represents the right to receive one share of Sherwin-Williams common stock at a later vesting or settlement date.

Is Kerrii B. Anderson’s Sherwin-Williams (SHW) Form 4 transaction an open-market purchase or sale?

The Form 4 shows a compensation-related acquisition, coded as an award (A), not an open-market trade. The 28.54 deferred stock units were credited under the Director Deferred Fee Plan in an exempt transaction, rather than bought or sold in the market.

When will the Sherwin-Williams (SHW) deferred stock units reported by Kerrii B. Anderson be paid out?

The deferred stock units become payable solely in Sherwin-Williams common stock, generally following her separation from service as a director. Until then, they remain as deferred stock units in her account under the 2005 Director Deferred Fee Plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ANDERSON KERRII B

(Last)(First)(Middle)
1 SHERWIN WAY

(Street)
CLEVELAND OHIO 44113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SHERWIN WILLIAMS CO [ SHW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/06/2026A28.54(1)A$350.4(2)1,076.42(3)IDeferred Fee Plan
Common Stock(4)5,819(5)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Represents the weighted average share price on the transaction date used to determine the number of deferred stock units to be credited to the Reporting Person's account.
3. 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.
4. No transaction is being reported on this line. Reported on a previously filed Form 4.
5. These securities consist of 1,100 restricted stock units ("RSUs") and 4,719 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
Remarks:
Stephen J. Perisutti, Attorney-in-fact07/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)