Sherwin-Williams exec gets 9,900-share PRSU payout
Sherwin-Williams executive Justin T. Binns reported equity compensation activity involving common stock.
Rhea-AI Filing Summary
Sherwin-Williams executive Justin T. Binns reported equity compensation activity involving common stock. He acquired 9,900 shares through the vesting and payout of a performance-based restricted stock unit (PRSU) award covering the 2023–2025 performance period, granted under the company’s equity and performance incentive plan.
To cover tax withholding on this vesting, 4,416 shares were mandatorily withheld by the company at a price of $368.59 per share, a non-open-market, tax-withholding disposition. After these transactions, he directly holds 21,937 common shares and has an additional 5,922.35 shares attributable to his participation in The Sherwin-Williams Company 401(k) Plan.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,900 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,416 | $368.59 | $1.63M |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
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What insider transactions did SHERWIN WILLIAMS CO (SHW) report for Justin T. Binns?
Was the Sherwin-Williams (SHW) Form 4 a stock sale by Justin T. Binns?
What are Justin T. Binns’ Sherwin-Williams (SHW) holdings after these transactions?
What type of award vested for Justin T. Binns at Sherwin-Williams (SHW)?
AI-generated analysis. How Rhea-AI works. Not financial advice.