Kastner Janeen B. 4
4 · RPM INTERNATIONAL INC/DE/ · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
RPM Insider Janeen Kastner Surrenders 748 Shares for Taxes
What Happened Janeen B. Kastner, Vice President — Corporate Benefits & Risk Management at RPM International (RPM), had 1,776 shares vest on May 31, 2026 and surrendered 748 of those shares back to the company to satisfy tax withholding obligations. The 748 shares were reported disposed at $105.97 per share, totaling approximately $79,266. This was a tax-withholding/share-surrender transaction (code F), not an open-market sale for investment purposes.
Key Details
- Transaction date: May 31, 2026; Form 4 filed June 2, 2026 (appears timely).
- Shares surrendered: 748 shares at $105.97 per share; proceeds/withholding value ≈ $79,266.
- Vested shares: 1,776 shares vested on that date; after surrender, 1,028 of those vested shares remained with the reporting person.
- Other holdings noted: the filing references 6,061 unvested restricted shares and 5,540 performance-earned restricted shares, plus shares held in a Fidelity 401(k) trust (no total beneficial ownership number stated in this excerpt).
- Footnote context: F1 explains the surrender was to satisfy tax obligations; transaction code F denotes payment of exercise price or tax liability.
Context This is a routine tax-withholding action tied to equity vesting (shares were surrendered to the issuer to cover taxes), which is common and does not necessarily indicate insider sentiment about the stock. Code F transactions typically reflect tax or exercise payments rather than discretionary selling.
Insider Transaction Report
- Tax Payment
Common Stock, $0.01 par value
[F1][F2]2026-05-31$105.97/sh−748$79,266→ 133,956 total
- 1,123(indirect: By 401(k))
Common Stock, $0.01 par value
[F3] - 190,000
Stock Appreciation Rights
[F4][F5]→ Common Stock (190,000 underlying)
Footnotes (5)
- [F1]On May 31, 2026, 1,776 shares of Common Stock issued to the Reporting Person pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan") vested. In accordance with the terms of the Plan, the Reporting Person disposed of 748 shares back to the issuer to satisfy tax obligations of the Reporting Person.
- [F2]Includes an aggregate of 6,061 unvested restricted shares of Common Stock and 5,540 shares of Common Stock, issued as Performance Earned Restricted Stock.
- [F3]Approximate number of shares of Common Stock held as of May 31, 2026 in the account of the Reporting Person by Fidelity Trust Management Company, as Trustee of the RPM International Inc. 401(k) Trust and Plan, as amended.
- [F4]No transaction being reported on this line. Reported on a previously filed Form 3, Form 4 or Form 5.
- [F5]Stock Appreciation Rights granted pursuant to the Plan in exempt transactions under Rule 16b-3. These Stock Appreciation Rights vest in four equal annual installments commencing one year after the date of grant. These Stock Appreciation Rights were granted between 2017 and 2025 and expire 10 years from the date of grant.