Form 4: Sherwin-Williams Director Acquires Deferred Stock Units

Michael H. Thaman, a Director at Sherwin-Williams Co., acquired 96.32 deferred stock units on July 6, 2026, under the company's 2005 Director Deferred Fee Plan.

Summary

• Director Michael H. Thaman acquired 96.32 deferred stock units on July 6, 2026.
• These units were acquired under the 2005 Director Deferred Fee Plan.
• Each deferred stock unit is equivalent to one share of common stock and will be paid in stock upon separation from service.
• The acquisition price was based on a weighted average share price of $350.4 on the transaction date.
• Following this transaction, Thaman beneficially owns 5,712.57 deferred stock units directly and 8,111 securities indirectly.
• The indirectly held securities include 1,100 restricted stock units and 7,011 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to executive compensation rather than a significant operational or financial event.

Positives

• Director acquisition of deferred stock units indicates continued commitment and alignment with shareholder interests.
• The acquisition is part of a structured deferred compensation plan, suggesting long-term incentive alignment.

Future Outlook

The deferred stock units become payable in stock generally following the Reporting Person's separation from service as a Director of the Company.

Industry Context

StockSavvy.ai notes that insider acquisitions of deferred stock units are common in the paints and coatings industry as a method to retain and incentivize key leadership, aligning their long-term interests with those of the company and its shareholders.

Stakeholder Impact

• Shareholders: The transaction reinforces management's commitment, which can be viewed positively.
• Employees: Indirect impact through executive compensation alignment.
• Creditors: No direct impact.

Next Steps

• Deferred stock units will be settled in stock upon the reporting person's separation from service.

Key Dates

Keywords

Form 4, SEC Filing, Sherwin-Williams, SHW, Director, Deferred Stock Units, Deferred Fee Plan, Insider Transaction, Equity Compensation