Form 4: Sherwin-Williams CFO Allen J. Mistysyn Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Allen J. Mistysyn, SVP Finance & CFO of Sherwin-Williams, reports the vesting and payout of performance-based restricted stock units and related tax withholding.

Summary

  • On February 18, 2025, Allen J. Mistysyn, the SVP Finance & CFO of Sherwin-Williams, reported transactions involving the company's common stock.
  • A performance-based restricted stock unit (PRSU) award, granted on February 15, 2022, vested and paid out in 7,865 shares of common stock.
  • 3,149 shares were mandatorily withheld to cover tax liabilities arising from the PRSU vesting at a price of $354.25.
  • Following these transactions, Mistysyn directly owns 68,258 shares of common stock and 8,350 restricted stock units (RSUs).
  • Mistysyn also indirectly owns 1,132.82 shares through the 401(k) Plan and 15,366 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a factual report of activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation and do not indicate a change in the company's fundamentals.

Key Dates

DateDescription
February 15, 2022Initial grant date of the performance-based restricted stock unit (PRSU) award.
February 18, 2025Date of stock transactions: vesting of PRSU and tax withholding.
February 20, 2025Date of signature by Attorney-in-fact.

Keywords

Sherwin-Williams, SHW, Allen J. Mistysyn, Form 4, Stock transaction, PRSU, RSU, CFO, Beneficial ownership, 401(k) Plan

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