Form 4: RPM International Director Kirkland Andrews Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Director Kirkland Andrews disposed of 473 shares of RPM International stock to cover tax obligations after shares vested.
Summary
- On October 31, 2024, Kirkland Andrews, a director at RPM International Inc., disposed of 473 shares of common stock.
- The disposal was to satisfy tax obligations related to the vesting of 1,800 shares of common stock issued under the company's 2014 Omnibus Equity and Incentive Plan.
- The transaction was executed at a price of $127.11 per share.
- Following the transaction, Andrews directly owns 11,155 shares of RPM International Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where vested shares are used to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| July 5, 2018 | Date of Power of Attorney granted to Gregory J. Dziak. |
| October 31, 2024 | Date of stock disposal transaction and vesting of shares. |
| November 04, 2024 | Date of signature on the Form 4 filing. |
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