SHW director reports 29.09 deferred units and 5,261-share disposition
Rhea-AI Filing Summary
Kerrii B. Anderson, a director of Sherwin-Williams (SHW), reported changes in beneficial ownership on 10/03/2025. The filing shows the director acquired deferred stock units under the 2005 Director Deferred Fee Plan equal to 29.09 units at a weighted average price of $343.81 per share; those deferred units are payable in stock, generally after separation from service. The report also shows a disposition of 5,261 common stock-related instruments, comprised of 1,150 restricted stock units (RSUs) and 4,111 shares of common stock. Following the transaction, the reporting person beneficially owned 979.69 deferred stock units indirectly.
Positive
- Deferred fee converted to equity: director received 29.09 deferred stock units under the 2005 Director Deferred Fee Plan, aligning compensation with shareholder value
- Deferred units payable in stock: the units are payable solely in shares, which preserves equity alignment over time
Negative
- Reported disposition of 5,261 instruments: the transaction includes 4,111 shares and 1,150 RSUs, reducing immediate direct holdings
- Indirect beneficial ownership declined to 979.69 units: post-transaction indirect holdings reported as 979.69 deferred units
Insights
Director converted cash fees to deferred stock units while reporting a partial disposition of equity holdings.
The director received deferred stock units under the 2005 Director Deferred Fee Plan, which convert fees into equity and vest/pay out in stock after departure. The filing lists a weighted average price of $343.81 used to calculate 29.09 deferred units on 10/03/2025, indicating fee deferral rather than an open-market purchase.
This filing also records a disposition of 5,261 instruments (1,150 RSUs plus 4,111 shares). Investors may watch aggregate insider ownership levels and any scheduled vesting or payroll conversions over the next 12 months to understand director alignment and potential future supply to the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29.09 | $343.81 | $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 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 1,150 restricted stock units ("RSUs") and 4,111 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
