Form 4: Sherwin-Williams Director Christine Poon Reports Acquisition of Deferred Stock Units

Sentiment:

SEC Form 4 Filing


Director Christine Poon reported acquiring deferred stock units in Sherwin-Williams through the 2005 Director Deferred Fee Plan.

Summary

  • Christine Poon, a director at Sherwin-Williams, reported a transaction on October 4, 2024, involving the acquisition of deferred stock units.
  • The acquisition was made through the 2005 Director Deferred Fee Plan.
  • Poon acquired 22.65 deferred stock units at a weighted average share price of $372.47.
  • Following the transaction, Poon beneficially owns 2,533.5 deferred stock units through the Deferred Fee Plan and 11,869 shares of common stock directly, including 1,244 restricted stock units.
  • The deferred stock units are payable solely in stock upon separation from service as a director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves deferred stock units acquired by a director.

Key Dates

DateDescription
10/04/2024Date of transaction: acquisition of deferred stock units.
10/08/2024Date of signature on the Form 4 filing.

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