Sherwin-Williams (NYSE: SHW) CFO logs stock award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherwin-Williams SVP Finance and CFO Benjamin E. Meisenzahl reported equity compensation activity in company common stock. He acquired 960 shares at $0.00 per share as a vested performance-based restricted stock unit award covering the 2023–2025 period. To cover taxes on this vesting, 296 shares were mandatorily withheld at $368.59 per share rather than sold on the open market. After these transactions, he directly holds 6,337.4 shares of common stock and has an additional 257.12 shares through The Sherwin-Williams Company 401(k) Plan per the trustee’s 2/13/2026 statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Meisenzahl Benjamin E.
Role
SVP - Finance and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 960 | $0.00 | -- |
| Tax Withholding | Common Stock | 296 | $368.59 | $109K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,633.4 shares (Direct);
Common Stock — 257.12 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 insider transactions did Sherwin-Williams (SHW) CFO Benjamin Meisenzahl report?
Benjamin Meisenzahl reported a grant of 960 Sherwin-Williams common shares from a vested performance-based restricted stock unit award. He also had 296 shares withheld by the company at $368.59 per share to satisfy tax obligations linked to that vesting.
Was the Sherwin-Williams (SHW) CFO’s Form 4 transaction an open-market stock sale?
The filing does not show an open-market sale. Instead, 296 shares were mandatorily withheld by Sherwin-Williams at $368.59 per share to cover tax liabilities arising from the vesting of a performance-based restricted stock unit award.
How were taxes handled on the Sherwin-Williams (SHW) CFO’s PRSU vesting?
Taxes were satisfied through share withholding rather than cash payment. The company withheld 296 Sherwin-Williams common shares at $368.59 per share, using those shares to cover the CFO’s tax withholding obligations on the vested PRSU award.