Form 4: Sherwin-Williams Director Matthew Thornton III Acquires Shares and Restricted Stock Units
SEC Form 4 Filing
Director Matthew Thornton III acquired 517 restricted stock units and holds 12,296 shares of Sherwin-Williams common stock.
Summary
- On February 18, 2025, Matthew Thornton III, a director of Sherwin-Williams, acquired 517 restricted stock units (RSUs) under the company's 2006 Stock Plan for Nonemployee Directors.
- The RSUs were granted at a price of $0.
- Following the transaction, Thornton beneficially owns 12,296 shares of common stock, which includes 1,150 RSUs and 11,146 shares of common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with company performance.
Positives
- The acquisition of restricted stock units aligns the director's interests with the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Acquisition of restricted stock units and shares. |
| 02/20/2025 | Date of signature by Attorney-in-fact. |
Keywords
Sherwin-Williams, Director, Matthew Thornton III, Restricted Stock Units, RSUs, Stock Plan, Beneficial Ownership, Form 4, SHW
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