Sherwin-Williams (SHW) director granted 31.7 deferred stock units
Rhea-AI Filing Summary
ANDERSON KERRII B reported acquisition or exercise transactions in this Form 4 filing.
Sherwin-Williams director Kerrii B. Anderson received a grant of deferred stock units tied to company common stock as part of director compensation. On this date, 31.7 deferred stock units were credited to her account under the 2005 Director Deferred Fee Plan, using a weighted average price of $315.50 per share to determine the number of units.
Each deferred stock unit is economically equivalent to one share of common stock and will be paid solely in stock, generally after she leaves the board. Following this grant, she holds 1,045.15 deferred stock units indirectly under the Deferred Fee Plan and 5,819 common share-related interests directly, consisting of 1,100 restricted stock units and 4,719 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31.7 | $315.50 | $10K |
| holding | Common Stock | -- | -- | -- |
Footnotes (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.