Sherwin-Williams (SHW) director granted deferred stock units under fee plan
Rhea-AI Filing Summary
Sherwin-Williams director Thomas Williams reported a compensation-related equity award rather than an open-market trade. He acquired 96.32 deferred stock units of common stock at a weighted average reference price of $350.40 per unit under the 2005 Director Deferred Fee Plan, in an exempt transaction. These units are economically equivalent to common shares and will generally be paid in stock after he leaves the board.
Following this award, Williams now indirectly holds 1,262.09 deferred stock units under the Deferred Fee Plan. Separately, he directly holds 2,371 common-stock-related interests, consisting of 1,334 restricted stock units and 1,037 shares of common stock, reflecting his ongoing equity-based stake in the company.
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Insider Trade Summary
Net Buyer: 96.32 shares
Net Buy
2 txns
Insider
Williams Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 96.32 | $350.40 | $34K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,262.09 shares (Indirect, Deferred Fee Plan);
Common Stock — 2,371 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. No transaction is being reported on this line. Reported on a previously filed Form 4.
- F5. These securities consist of 1,334 restricted stock units ("RSUs") and 1,037 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
Reference share price: $350.40 per share
Deferred units after grant: 1,262.09 units
+3 more
6 metrics
Deferred stock units granted
96.32 units
Grant under 2005 Director Deferred Fee Plan on July 6, 2026
Reference share price
$350.40 per share
Weighted average price used to calculate deferred units
Deferred units after grant
1,262.09 units
Total deferred stock units held under Deferred Fee Plan
Direct equity-related holdings
2,371 interests
Combination of RSUs and common shares held directly
Restricted stock units
1,334 RSUs
RSUs representing rights to receive common shares
Direct common shares
1,037 shares
Shares of Sherwin-Williams common stock held directly
Key Terms
Deferred Fee Plan, deferred stock units, dividend reinvestment feature, restricted stock units ("RSUs")
4 terms
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, in an exempt transaction"
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 1,334 restricted stock units ("RSUs") and 1,037 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 Thomas Williams report on this Form 4?
Thomas Williams reported receiving 96.32 deferred stock units as compensation, not an open-market trade. The award was made under Sherwin-Williams’ 2005 Director Deferred Fee Plan and is economically equivalent to common stock, payable in shares after he leaves the board.
Was the Sherwin-Williams (SHW) Form 4 transaction a stock purchase or sale?
The filing shows no open-market purchase or sale by Thomas Williams. Instead, it records an exempt grant of 96.32 deferred stock units under a director fee plan, reflecting routine equity compensation rather than a discretionary buy or sell decision.
How many deferred stock units does Thomas Williams hold in Sherwin-Williams (SHW)?
After this award, Thomas Williams indirectly holds 1,262.09 deferred stock units in Sherwin-Williams. These units are credited under the 2005 Director Deferred Fee Plan and include amounts added through the plan’s dividend reinvestment feature over time.
What direct Sherwin-Williams (SHW) equity does Thomas Williams own after this filing?
The filing shows Thomas Williams directly holds 2,371 common-stock-related interests. This position consists of 1,334 restricted stock units and 1,037 shares of Sherwin-Williams common stock, representing his direct equity-linked stake in the company.
How do Sherwin-Williams (SHW) deferred stock units work for directors?
Deferred stock units under the 2005 Director Deferred Fee Plan are the economic equivalent of common shares. They accumulate, including via dividend reinvestment, and are generally paid out solely in Sherwin-Williams stock after a director’s separation from board service.
What price was used to determine Thomas Williams’ new Sherwin-Williams (SHW) units?
The number of deferred stock units granted to Thomas Williams was based on a weighted average share price of $350.40 on the transaction date. That reference price determined how many units were credited to his account under the Deferred Fee Plan.
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