Form 4: Sherwin-Williams Executive Acquires 3,100 Stock Options
SEC Form 4 Filing
Bryan J. Young, SVP at Sherwin-Williams, acquired 3,100 stock options on October 15, 2024, according to a recent SEC filing.
Summary
- Bryan J. Young, a Senior Vice President at Sherwin-Williams, reported a transaction involving derivative securities.
- On October 15, 2024, Young acquired 3,100 employee stock options with an exercise price of $388.57.
- These options vest annually in three equal installments starting October 15, 2025, and expire on October 14, 2034.
- Following the transaction, Young directly owns 3,100 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock option grant, which is a neutral event.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard executive compensation practice.
Key Dates
| Date | Description |
|---|---|
| 10/13/2023 | Date of Amended and Restated 2006 Equity and Performance Incentive Plan |
| 10/15/2024 | Date of transaction: Bryan J. Young acquired 3,100 stock options |
| 10/15/2025 | First vesting date for the acquired stock options |
| 10/14/2034 | Expiration date for the acquired stock options |
| 10/17/2024 | Date of Form 4 filing |
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