SHW Director Thomas Williams Credited 1,813 Deferred Units at $343.81
Rhea-AI Filing Summary
Thomas Williams, a company director at Sherwin-Williams (SHW), received deferred equity under the 2005 Director Deferred Fee Plan on 10/03/2025. The filing reports 1,813 deferred stock units and common shares credited to his account, calculated using a weighted average share price of $343.81 to determine unit amounts. The deferred stock units are payable only in stock, generally after the director leaves service, and include units credited via a dividend reinvestment feature. The filing also notes ownership following the transaction of 953.23 (reported as beneficially owned) under an indirect form, and that 1,147 RSUs plus 666 shares comprise the 1,813 figure.
Positive
- Director compensation paid in deferred equity aligns management incentives with shareholder value
- Transaction recorded as exempt under code V, indicating plan-based compensation rather than opportunistic trading
Negative
- Deferred units payable later create future potential dilution when settled in shares
- Weighted average price used to calculate units ($343.81) may produce variability in future reported ownership if share price changes
Insights
Director compensation used deferred equity; payout deferred until separation.
Director Thomas Williams received 1,813 deferred units under the 2005 Director Deferred Fee Plan on 10/03/2025, with units measured using a weighted average price of $343.81. The units are payable solely in stock, aligning director pay with shareholder equity without immediate dilution.
The arrangement depends on continued plan terms and separation timing; investors may monitor aggregate deferred unit balances and future vesting/payment events within the company’s director compensation disclosures over the next few years.
Reported transaction is an exempt deferred-compensation credit, not an open-market purchase.
The filing uses code V indicating an exempt transaction under a compensation plan; the 1,813 total comprises 1,147 RSUs and 666 shares, with 953.23 reported as indirectly beneficially owned following the transaction. No cash sale or purchase at market was recorded on the form.
Stakeholders should note the deferred units' payment timing and amount calculations tied to share price; any future conversion to shares will affect reported beneficial ownership and potential dilution when settled.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98.17 | $343.81 | $34K |
| 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 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. These securities consist of 1,147 restricted stock units ("RSUs") and 666 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
