Form 4: RPM International VP Disposes of Shares for Tax Obligations Following Equity Vesting

Timothy R. Kinser, VP-Operations at RPM International Inc., reported the disposition of 269 shares of common stock on May 31, 2025, to cover tax liabilities associated with the vesting of equity awards.

Summary

• On May 31, 2025, Timothy R. Kinser, VP-Operations of RPM International Inc. (RPM), reported a transaction involving the company's common stock.
• A total of 810 shares of Common Stock, issued under the RPM International Inc. 2014 Omnibus Equity and Incentive Plan, vested on this date.
• In accordance with the plan's terms, Mr. Kinser disposed of 269 shares back to the issuer at a price of $113.84 per share to satisfy personal tax obligations related to the vesting.
• Following this transaction, Mr. Kinser beneficially owns 22,661 shares of Common Stock directly.
• This beneficial ownership includes 3,160 shares issued pursuant to the Plan, 1,651 vested restricted shares held in escrow until retirement, and 4,570 shares issued as Performance Earned Restricted Stock under the Plan.
• Mr. Kinser also holds 54,900 Stock Appreciation Rights (SARs) granted between 2022 and 2024, which vest in four equal annual installments commencing one year after the grant date and expire 10 years from the grant date.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, tax-related insider transaction that does not reflect positively or negatively on the company's operational or financial performance.

Positives

• The vesting of 810 shares indicates successful achievement of performance or tenure conditions under the company's equity incentive plan, reflecting earned compensation for the VP-Operations.
• The significant remaining beneficial ownership of 22,661 common shares, plus 54,900 Stock Appreciation Rights, demonstrates continued alignment of the VP's interests with those of shareholders.

Negatives

• The disposition of 269 shares, while for tax purposes, represents a reduction in the direct shareholding of the VP-Operations.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook. It solely reports an insider's equity transaction.

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity transaction, common across all publicly traded companies. It does not provide specific insights into broader industry trends or competitive dynamics within the specialty chemicals or coatings sector where RPM International operates.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders. It reflects standard compensation practices.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

RPM International, Form 4, Insider Trading, Equity Compensation, Stock Vesting, Tax Obligation, Common Stock, Stock Appreciation Rights, Executive Compensation