Sherwin-Williams (SHW) SVP Lang reports PRSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Sherwin-Williams Company senior vice president James P. Lang reported equity compensation activity in company stock. On the reported date, he acquired 714 shares of common stock through the vesting and payout of a performance-based restricted stock unit award, at no cash price. In connection with this vesting, 230 shares were mandatorily withheld by the company at $368.59 per share to cover related tax obligations, a non–open-market disposition. Following these transactions, he directly holds 861 shares of common stock and has an additional 1,038.56 shares attributable to his participation in The Sherwin-Williams Company 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lang James P.
Role
SVP - Enterprise Finance & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 714 | $0.00 | -- |
| Tax Withholding | Common Stock | 230 | $368.59 | $85K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,091 shares (Direct);
Common Stock — 1,038.56 shares (Indirect, 401(k) Plan)
Footnotes (1)
- These securities represent a performance-based restricted stock unit ("PRSU") award that has vested and paid out in shares of Common Stock. This award was granted on February 14, 2023, and vested subject to the achievement of certain performance conditions for the 2023 - 2025 performance period, pursuant to the terms of a PRSU agreement under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan. These securities represent the number of shares of Common Stock mandatorily withheld by the Issuer to satisfy the Reporting Person's tax withholding liabilities due upon the vesting of the PRSU award. 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 2/13/2026 statement.
FAQ
What insider transaction did SHERWIN WILLIAMS CO (SHW) executive James P. Lang report?
James P. Lang reported equity compensation activity, including the vesting of a performance-based restricted stock unit award into 714 shares of common stock. Part of these shares was withheld to satisfy tax obligations tied directly to the vesting event.