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

Director Christine Poon reported the acquisition of deferred stock units in Sherwin-Williams, along with holdings of restricted stock units and common stock.

Summary

• Christine Poon, a director at Sherwin-Williams, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the acquisition of 25.45 deferred stock units on April 5, 2024, under the 2005 Director Deferred Fee Plan.
• The weighted average share price on the transaction date was $331.56.
• Poon's holdings include 11,869 shares of common stock, consisting of 1,244 restricted stock units and 10,625 shares of common stock.
• The deferred stock units are payable in stock upon separation from service as a director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting routine stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a company director.

Key Dates