Form 4: Sherwin-Williams Executive Colin M. Davie Reports Stock Transaction
SEC Form 4 Filing
Colin M. Davie, Pres. & GM, Glob. Supply Chain at Sherwin-Williams, reports disposition of shares to cover tax liabilities and updates holdings in 401(k) plan.
Summary
- On October 17, 2024, Colin M. Davie, Pres. & GM, Glob. Supply Chain at Sherwin-Williams, reported a transaction involving Sherwin-Williams common stock.
- 305 shares were disposed of to cover tax withholding liabilities at a price of $389.91 per share.
- Following the transaction, Davie directly owns 6,797 shares of common stock.
- Davie also indirectly owns 496.13 shares through The Sherwin-Williams Company 401(k) Plan as of September 30, 2024.
- The report was signed by Stephen J. Perisutti, Attorney-in-fact, on October 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive stock transactions, which is common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 9/30/2024 | Trustee's statement date for The Sherwin-Williams Company 401(k) Plan. |
| 10/17/2024 | Date of stock transaction (disposal of shares). |
| 10/21/2024 | Date of signature by Attorney-in-fact. |
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