STOCK TITAN

Sherwin-Williams’ James P. Lang exercises, sells shares

The option exercises carried prices of $295.83 and $193.35 per share; the corresponding sales were reported at a $362.03 weighted average and $361.80 per share.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

On November 4, 2026, James P. Lang, Sherwin-Williams’ SVP - Enterprise Finance & CAO, exercised options covering 620 shares at $295.83 and 689 shares at $193.35, then sold the corresponding shares. He sold 620 shares at a weighted average of $362.03 (trade prices ranged from $361.950 to $362.065) and 689 shares at $361.80. No Rule 10b5-1 plan is reported. A separate indirect holding lists 1,144.13 shares attributable to his participation in the 401(k) Plan per the trustee’s September 30, 2026 statement.

Insider Lang James P.
Role SVP - Enterprise Finance & CAO
Sold 1,309 shs ($474K)
Approx. gross sale proceeds $474K
Approx. exercise cost $317K
Approx. pre-tax spread $157K
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) F3 620 $0.00 $0.00
Exercise Employee Stock Option (Right to Buy) F4 689 $0.00 $0.00
Exercise Common Stock 620 $295.83 $183K
Sale Common Stock F1 620 $362.03 $224K
Exercise Common Stock 689 $193.35 $133K
Sale Common Stock 689 $361.80 $249K
Holding Common Stock F2 -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 861 shares (Direct); Common Stock — 1,144.13 shares (Indirect, 401(k) Plan)
Footnotes (4)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.950 to $362.065, inclusive. The Reporting Person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. F2. 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 9/30/2026 statement.
  3. F3. These options were granted on October 18, 2021, pursuant to the terms of a stock option agreement under the 2006 Equity and Performance Incentive Plan (Amended and Restated as of April 19, 2017). The options vested annually in three substantially equal installments commencing October 18, 2022.
  4. F4. These options were granted on February 18, 2020, pursuant to the terms of a stock option agreement under the 2006 Equity and Performance Incentive Plan (Amended and Restated as of April 19, 2017). The options vested annually in three substantially equal installments commencing February 18, 2021.
Options exercised 620 shares Exercise price was $295.83 per share on November 4, 2026
Exercise price $295.83 per share 620-share option exercise on November 4, 2026
Shares sold 620 shares Weighted-average sale price was $362.03 per share on November 4, 2026
Weighted-average sale price $362.03 per share 620-share sale; trade prices ranged from $361.950 to $362.065, inclusive
Options exercised 689 shares Exercise price was $193.35 per share on November 4, 2026
Exercise price $193.35 per share 689-share option exercise on November 4, 2026
Shares sold 689 shares Sale price was $361.80 per share on November 4, 2026
401(k) Plan shares 1,144.13 shares Attributable to Lang’s participation per the trustee’s statement as of September 30, 2026
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy)"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401(k) Plan financial
"participation in The Sherwin-Williams Company 401(k) Plan"
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.
2006 Equity and Performance Incentive Plan financial
"under the 2006 Equity and Performance Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SHW shares did James P. Lang sell, and at what prices?

On November 4, 2026, he sold 620 shares at a weighted average of $362.03, with trades from $361.950 to $362.065, inclusive, and sold another 689 shares at $361.80.

How many SHW shares did James P. Lang hold through the 401(k) Plan?

The reported 401(k) Plan position was 1,144.13 shares attributable to his participation, based on the trustee’s September 30, 2026 statement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lang James P.

(Last)(First)(Middle)
1 SHERWIN WAY

(Street)
CLEVELAND OHIO 44113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SHERWIN WILLIAMS CO [ SHW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP - Enterprise Finance & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/04/2026M620A$295.831,481D
Common Stock11/04/2026S620D$362.03(1)861D
Common Stock11/04/2026M689A$193.351,550D
Common Stock11/04/2026S689D$361.8861D
Common Stock1,144.13(2)I401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$295.8311/04/2026M620 (3)10/17/2031Common Stock620$00D
Employee Stock Option (Right to Buy)$193.3511/04/2026M689 (4)02/17/2030Common Stock689$00D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.950 to $362.065, inclusive. The Reporting Person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. 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 9/30/2026 statement.
3. These options were granted on October 18, 2021, pursuant to the terms of a stock option agreement under the 2006 Equity and Performance Incentive Plan (Amended and Restated as of April 19, 2017). The options vested annually in three substantially equal installments commencing October 18, 2022.
4. These options were granted on February 18, 2020, pursuant to the terms of a stock option agreement under the 2006 Equity and Performance Incentive Plan (Amended and Restated as of April 19, 2017). The options vested annually in three substantially equal installments commencing February 18, 2021.
Remarks:
Stephen J. Perisutti, Attorney-in-fact11/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading