Form 4: Sherwin-Williams Director Michael Thaman Reports Acquisition of Deferred Stock Units

Director Michael Thaman reports acquiring deferred stock units in Sherwin-Williams through the Director Deferred Fee Plan.

Summary

• Michael Thaman, a director at Sherwin-Williams, reported acquiring 90.61 deferred stock units on October 4, 2024, through the company's Director Deferred Fee Plan.
• The price per share used to determine the number of deferred stock units was $372.47.
• Following the transaction, Thaman beneficially owns 4,931.42 deferred stock units and 7,036 shares of common stock, including restricted stock units.
• The deferred stock units are payable in stock upon separation from service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which can be seen as a sign of confidence. However, it's a routine transaction.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of compensation for board members.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.

Key Dates