Form 4: Sherwin-Williams CFO Allen J. Mistysyn Reports Stock Transactions
SEC Form 4 Filing
Sherwin-Williams CFO Allen J. Mistysyn reported multiple transactions involving company stock and stock options on November 21, 2024, including acquisitions, disposals, and a charitable gift.
Summary
- Allen J. Mistysyn, the SVP Finance & CFO of Sherwin-Williams, filed a Form 4 detailing changes in his beneficial ownership of company stock.
- The transactions occurred on November 21, 2024, and included the acquisition of common stock through the exercise of employee stock options at prices of $136.85, $186.85, and $227.05.
- He also disposed of shares at prices of $381.79 and $381.86, and made a gift of 900 shares to a charitable donor advised fund.
- The reported transactions resulted in a net change in his direct holdings of common stock, with a final direct holding of 63,542 shares, and indirect holdings of 1,105.85 shares through a 401(k) plan and 15,366 shares held by his spouse.
- The filing also details the number of employee stock options held, with 26,269 options exercisable at $136.85, 25,865 options at $186.85, and 18,460 options at $227.05.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the US, as mandated by the SEC.
- The transactions reported are typical for executives who receive stock options and restricted stock units as part of their compensation.
- The prices at which the shares were transacted are within the range of the company's recent trading history, which is normal for these types of transactions.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are routine insider trades.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 10/17/2018 | Date of grant for some employee stock options, vesting in three equal installments. |
| 10/16/2019 | Date of grant for some employee stock options, vesting in three substantially equal installments. |
| 10/20/2020 | Date of grant for some employee stock options, vesting in three equal installments. |
| 09/30/2024 | Date of trustee's statement for 401(k) plan shares. |
| 11/21/2024 | Date of all reported stock transactions. |
| 11/25/2024 | Date of the filing. |
Keywords
Sherwin-Williams, SHW, Form 4, insider trading, stock options, stock transactions, Allen J. Mistysyn, CFO, beneficial ownership, restricted stock units
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