Sherwin-Williams insider files Form 4 — 98.17 deferred units; 7,553 disposed
Rhea-AI Filing Summary
Sherwin-Williams Co. (SHW) director Michael H. Thaman reported changes in his beneficial ownership on 10/03/2025 in a Form 4 filing. The filing shows an acquisition of deferred stock units under the 2005 Director Deferred Fee Plan and a disposition of 7,553 common stock-related holdings. The filing states 98.17 deferred stock units were credited using a weighted average share price of $343.81, and it lists 5,370.62 as the amount of securities beneficially owned following the transaction (identified as indirect ownership). The disposition entry lists 7,553 which the filing explains consists of 1,150 restricted stock units and 6,403 shares of common stock. The deferred units are payable solely in stock and generally become payable after the reporting person separates from service as a director.
Positive
- Director alignment via deferred equity: 98.17 deferred stock units credited under the 2005 Director Deferred Fee Plan
- Deferred units payable in stock: units are the economic equivalent of shares and support long-term alignment
Negative
- Disposition of common-stock holdings: 7,553 units/shares disposed (consisting of 1,150 RSUs and 6,403 common shares)
- Indirect ownership change: Filing shows 5,370.62 securities beneficially owned following the reported transaction(s), indicating a change in holdings
Insights
Director received deferred equity and reported share reductions, reflecting routine director compensation and plan mechanics.
The reported 98.17 deferred stock units were credited under the 2005 Director Deferred Fee Plan, using a weighted average price of $343.81 to determine units. These units are described as economically equivalent to one share each and payable in stock after separation from service, which aligns director compensation with shareholder equity.
This filing also shows a reported disposition of 7,553 common-stock-related items (1,150 RSUs and 6,403 shares). Monitor any future Form 4s for additional open-market trades or plan-based payments if changes to ownership levels are material to governance or stock-lending policies over the next 3–12 months.
Transaction is primarily plan-driven; net ownership changed due to a plan payout and a separate disposition.
The filing records an acquisition entry of deferred stock units and a separate disposition totaling 7,553 units/shares. The deferred units (including dividend reinvestment) increase long-term, in‑kind exposure because they are payable in stock after service termination. The weighted average price used for unit conversion is $343.81.
For investors, the near-term market impact is likely limited because the acquisition is plan-based and the disposition is modest relative to large-cap free float; still, watch subsequent filings within Q4 2025 for any additional open-market sales or pattern changes that could affect supply dynamics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 98.17 | $343.81 | $34K |
| holding | Common Stock | -- | -- | -- |
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 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. These securities consist of 1,150 restricted stock units ("RSUs") and 6,403 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
