Sherwin-Williams (NYSE: SHW) exec reports tax withholding of shares
Rhea-AI Filing Summary
The Sherwin-Williams Company executive reports a routine tax-related share disposition. President, Global Architectural Justin T. Binns had 1,469 shares of common stock mandatorily withheld at $372.49 per share on February 13, 2026 to cover tax obligations upon vesting of 4,175 restricted stock units granted in 2023.
After this tax-withholding disposition, he directly beneficially owns 16,453 common shares and indirectly holds 5,922.35 shares through The Sherwin-Williams Company 401(k) Plan. The filing reflects compensation-related equity activity rather than an open-market trade.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on vested RSUs, not an open-market sale.
The filing shows Sherwin-Williams President, Global Architectural Justin T. Binns had 1,469 shares withheld at $372.49 per share on February 13, 2026. This satisfied tax obligations triggered by the vesting of 4,175 restricted stock units granted in 2023.
The transaction is coded "F", indicating a tax-withholding disposition rather than a discretionary buy or sell. Following this event, Binns holds 16,453 common shares directly and 5,922.35 shares indirectly through the company 401(k) plan, underscoring that his overall equity exposure remains significant.
Because the activity stems from equity compensation and mandatory tax treatment, it is typically viewed as administratively driven. Subsequent company filings may provide additional context on future RSU grants or vestings and any related insider equity movements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,469 | $372.49 | $547K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These securities represent the number of shares of Common Stock mandatorily withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations due upon the vesting of 4,175 Restricted Stock Units ("RSUs"), granted to the Reporting Person on February 14, 2023. This award was granted pursuant to the terms of an RSU agreement under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan. 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.