Form 4: Sherwin-Williams Director Acquires Deferred Stock Units
Insider Transaction Filing
Robert James Gamgort, a Director at Sherwin-Williams Co., acquired deferred stock units under the company's Deferred Fee Plan.
Summary
- Robert James Gamgort, a Director of Sherwin-Williams Co. (SHW), acquired 96.32 deferred stock units on July 6, 2026.
- These units were acquired under the 2005 Director Deferred Fee Plan and are economically equivalent to shares of common stock.
- The acquisition was an exempt transaction.
- The weighted average share price used for the acquisition was $350.4.
- Following this transaction, Gamgort beneficially owns 585.55 shares of common stock directly and 1,075 deferred stock units indirectly.
- The indirect holdings include 902 restricted stock units and 173 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 confidence in the company.
- Acquisition of 96.32 deferred stock units under a deferred compensation plan.
Future Outlook
The deferred stock units become payable solely in stock, generally following the Reporting Person's separation from service as a Director of the Company.
Industry Context
StockSavvy.ai notes that insider transactions, such as this acquisition of deferred stock units by a director, are common within the paints and coatings industry as a form of executive compensation and long-term incentive.
Stakeholder Impact
- Shareholders: The transaction reflects a standard compensation practice for directors, with no immediate direct impact on share price or ownership structure.
Next Steps
- Deferred stock units will generally become payable in stock following the Reporting Person's separation from service as a Director.
Key Dates
| Date | Description |
|---|---|
| 07/06/2026 | Transaction date for acquisition of deferred stock units. |
| 07/08/2026 | Date of signature for the filing. |
Keywords
Sherwin-Williams, SHW, Director, Deferred Stock Units, Deferred Fee Plan, Insider Transaction, Form 4
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