Form 4: Sherwin-Williams Director Thomas L. Williams Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Thomas L. Williams reports acquiring deferred stock units and holding restricted stock units in Sherwin-Williams.
Summary
- Director Thomas L. Williams reported acquiring 90.61 deferred stock units of Sherwin-Williams common stock on October 4, 2024, at a weighted average price of $372.47.
- These units were acquired through the 2005 Director Deferred Fee Plan and are payable in stock upon separation from service as a Director.
- Williams also holds 1,296 shares of common stock, including 1,062 restricted stock units (RSUs) and 234 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It is neutral in 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 filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the holdings and transactions of key personnel.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Date of transaction: Acquisition of deferred stock units. |
| 10/08/2024 | Date of signature by Attorney-in-fact. |
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