Sherwin-Williams (SHW) president sells 7,886 shares and exercises options
Rhea-AI Filing Summary
Sherwin-Williams Company officer Karl J. Jorgenrud, President, Global Industrial, reported several equity transactions on 2026-08-07. He exercised 90 stock options at an exercise price of $127.98 per share, receiving 90 shares of common stock. On the same date, he sold 7,886 shares of Sherwin-Williams common stock at $368.30 per share in a sale transaction. Following the option exercise, he held 4,260 employee stock options directly, expiring 2027-10-17, and had 1,252.54 shares of common stock attributable to his participation in The Sherwin-Williams Company 401(k) Plan as of 2026-06-30. The transactions are not indicated as being made pursuant to a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Jorgenrud Karl J
Role
President, Glob. Industrial
Sold
7,886 shs ($2.90M)
Approx. gross sale proceeds
$2.90M
Approx. exercise cost
$12K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F2 | 90 | $0.00 | $0.00 |
| Exercise | Common Stock | 90 | $127.98 | $12K |
| Sale | Common Stock | 7,886 | $368.30 | $2.90M |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 4,260 shares (Direct);
Common Stock — 11,943.84 shares (Direct);
Common Stock — 1,252.54 shares (Indirect, 401(k) Plan)
Footnotes (2)
- F1. 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 6/30/2026 statement.
- F2. These options were granted on October 18, 2017 and vested in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.
Key Figures
Shares sold: 7,886 shares
Sale price: $368.30 per share
Options exercised: 90 options
+4 more
7 metrics
Shares sold
7,886 shares
Common Stock sale on 2026-08-07
Sale price
$368.30 per share
Price for 7,886-share common stock sale
Options exercised
90 options
Employee Stock Option exercise on 2026-08-07
Option exercise price
$127.98 per share
Exercise price for 90 Employee Stock Options
Options remaining
4,260 options
Employee Stock Options held directly after transactions
Option expiration date
2027-10-17
Expiration date for remaining Employee Stock Options
401(k) Plan shares
1,252.54 shares
Common Stock attributable to 401(k) participation as of 2026-06-30
Key Terms
Employee Stock Option, Exercise or conversion of derivative security, 401(k) Plan, Rule 10b5-1
4 terms
Employee Stock Option financial
"security_title "Employee Stock Option (Right to Buy)""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Exercise or conversion of derivative security financial
"transaction_code_description "Exercise or conversion of derivative security""
401(k) Plan financial
"participation in The Sherwin-Williams Company 401(k) Plan per the trustee's statement"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Rule 10b5-1 regulatory
"aff_10b5_one indicates Rule 10b5-1 trading plan checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Sherwin-Williams (SHW) executive Karl J. Jorgenrud sell in this Form 4?
Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams common stock on 2026-08-07 at $368.30 per share. This was reported as a sale transaction of non-derivative common stock, separate from his option exercise.
What stock options did Karl J. Jorgenrud exercise in Sherwin-Williams (SHW)?
He exercised 90 employee stock options on 2026-08-07 at an exercise price of $127.98 per share. These options were granted on October 18, 2017 and vested in three substantially equal annual installments, subject to vesting conditions.
How many Sherwin-Williams (SHW) options does Karl J. Jorgenrud hold after these transactions?
After the reported transactions, he held 4,260 employee stock options directly. These remaining options relate to Sherwin-Williams common stock and are scheduled to expire on 2027-10-17, according to the filing data.
What are Karl J. Jorgenrud’s indirect Sherwin-Williams (SHW) holdings?
He had 1,252.54 shares of Sherwin-Williams common stock attributable to his participation in the company’s 401(k) Plan, based on the plan trustee’s statement dated 2026-06-30 and reported as indirect ownership.
Were Karl J. Jorgenrud’s Sherwin-Williams (SHW) transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked, and no footnote states these trades were under a trading plan. They are therefore not identified as 10b5-1 plan transactions in this report.