Form 4: Sherwin-Williams Director Kerrii B Anderson Reports Acquisition of Deferred Stock Units

Director Kerrii B Anderson reports acquiring deferred stock units in Sherwin-Williams through the 2005 Director Deferred Fee Plan.

Summary

• On July 5, 2024, Kerrii B Anderson, a director of Sherwin-Williams, acquired 33.84 deferred stock units through the 2005 Director Deferred Fee Plan.
• The weighted average share price on the transaction date was $295.5.
• Following the transaction, Anderson beneficially owns 826.22 deferred stock units held pursuant to the Deferred Fee Plan, including those acquired through dividend reinvestment.
• Anderson also directly owns 4,744 shares, consisting of 1,244 restricted stock units (RSUs) and 3,500 shares of common stock.

Sentiment

Score: 5

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

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

This Form 4 filing is a routine disclosure of a director's transactions in company stock, providing transparency to investors about insider activity. It's a standard practice for publicly traded companies and their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred stock units granted to a director as part of their compensation.

Key Dates