Sherwin-Williams (NYSE: SHW) director adds deferred stock units through fee plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Sherwin-Williams Company director Michael H. Thaman acquired 96.32 deferred stock units of common stock on July 6, 2026 at a weighted average price of $350.40 per share under the 2005 Director Deferred Fee Plan. Each deferred stock unit is the economic equivalent of one share of common stock and will be paid solely in stock, generally after he leaves the board. Following this grant, he holds 5,712.57 deferred stock units indirectly through the plan and 8,111 equity interests directly, consisting of 1,100 restricted stock units and 7,011 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
THAMAN MICHAEL H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 96.32 | $350.40 | $34K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,712.57 shares (Indirect, Deferred Fee Plan);
Common Stock — 8,111 shares (Direct, null)
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 to be 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. No transaction is being reported on this line. Reported on a previously filed Form 4. These securities consist of 1,100 restricted stock units ("RSUs") and 7,011 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
Key Figures
Deferred stock units granted: 96.32 units
Weighted average price: $350.40 per share
Deferred units after transaction: 5,712.57 units
+3 more
6 metrics
Deferred stock units granted
96.32 units
Director fee deferral on <date>July 6, 2026</date>
Weighted average price
<money>$350.40</money> per share
Price used to calculate deferred units on grant date
Deferred units after transaction
5,712.57 units
Indirect holdings under 2005 Director Deferred Fee Plan
Total direct equity interests
8,111 units
1,100 RSUs and 7,011 common shares held directly
Restricted stock units
1,100 RSUs
Each RSU equals the right to one common share
Direct common shares
7,011 shares
Common stock held directly by the reporting person
Key Terms
2005 Director Deferred Fee Plan, deferred stock units, dividend reinvestment feature, restricted stock units ("RSUs")
4 terms
2005 Director Deferred Fee Plan financial
"pursuant to the 2005 Director Deferred Fee Plan ("Deferred Fee Plan")."
deferred stock units financial
"Represents the number of deferred stock units acquired by the Reporting Person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend reinvestment feature financial
"include deferred stock units acquired pursuant to the dividend reinvestment feature of such Plan."
restricted stock units ("RSUs") financial
"These securities consist of 1,100 restricted stock units ("RSUs") and 7,011 shares of common stock."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
FAQ
What did Sherwin-Williams (SHW) director Michael H. Thaman receive in this Form 4?
Michael H. Thaman received 96.32 deferred stock units of Sherwin-Williams common stock as a director compensation-related grant. These units are part of the 2005 Director Deferred Fee Plan and are the economic equivalent of common shares, payable solely in stock.
At what price were the Sherwin-Williams (SHW) deferred stock units credited to Michael H. Thaman?
The deferred stock units were credited using a weighted average share price of $350.40 on the transaction date. This price determined how many units were added to his account under the 2005 Director Deferred Fee Plan for board service compensation.
How many Sherwin-Williams (SHW) deferred stock units does Michael H. Thaman hold after this transaction?
After this transaction, Michael H. Thaman holds 5,712.57 deferred stock units indirectly under the Director Deferred Fee Plan. This total includes units received from fee deferrals and units added through the plan’s dividend reinvestment feature over time.
What direct Sherwin-Williams (SHW) equity holdings does Michael H. Thaman report in this Form 4?
He reports 8,111 direct equity interests, consisting of 1,100 restricted stock units and 7,011 shares of common stock. Each restricted stock unit represents the right to receive one share of Sherwin-Williams common stock upon vesting or settlement.