Form 4: Sherwin-Williams CFO Gifts Over 55,000 Shares to Family and Trust

Allen J. Mistysyn, SVP Finance & CFO of The Sherwin-Williams Company, reported gifting a total of 55,208 shares of common stock to his spouse and an irrevocable family trust.

Summary

• Allen J. Mistysyn, the Senior Vice President of Finance and Chief Financial Officer of The Sherwin-Williams Company (SHW), reported changes in his beneficial ownership of company common stock.
• On June 3, 2025, Mr. Mistysyn gifted 16,708 shares of common stock from his direct holdings to be indirectly owned by his spouse.
• Concurrently, he gifted an additional 38,500 shares of common stock from his direct holdings to an irrevocable trust established for the benefit of his spouse and family.
• Following these transactions, Mr. Mistysyn's direct beneficial ownership stands at 64,600 shares, which includes 16,700 restricted stock units (RSUs) and 47,900 shares of common stock.
• His indirect beneficial ownership includes 32,074 shares held by his spouse, 38,500 shares held by the irrevocable trust, and 1,170.51 shares in The Sherwin-Williams Company 401(k) Plan as of March 31, 2025.
• The total beneficial ownership reported by Mr. Mistysyn after these transactions is 136,344.51 shares.

Sentiment

Score: 5

Explanation: The document reports a gift of shares by an executive, which is a personal financial planning event and does not directly indicate positive or negative sentiment regarding the company's operational performance or outlook.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider transaction, specifically a gift of shares by a senior executive. Such transactions are common for personal financial planning and estate management and do not typically reflect broader industry trends or company performance.

Related Party Transactions

• The reporting person, Allen J. Mistysyn, gifted shares to his spouse and an irrevocable trust for the benefit of his spouse and family, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The transaction represents a transfer of ownership within the executive's family and trust, with no direct impact on the company's outstanding shares or market capitalization. It may be viewed as a long-term commitment by the executive to the company's success through family holdings.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders from this specific transaction.

Key Dates

Keywords

SEC Form 4, Insider Transaction, Stock Ownership, Gift, Sherwin-Williams, SHW, CFO, Beneficial Ownership, Restricted Stock Units, Trust