Dennsteadt David C. 4

What Happened
David C. Dennsteadt, President & COO of RPM International, was granted multiple equity awards on July 15, 2026: 1,717 shares of common stock, 1,470 performance-earned restricted shares, and a derivative award of 48,300 (reported at $0.00 per share on the Form 4). These entries are awards/grants (code A) — not open-market purchases or sales — so there was no cash paid by the insider at the time of grant.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (no late filing indicated).
• Reported prices: $0.00 per share for all items (standard for awarded shares/SARs).
• Awards: 1,717 restricted shares (F1); 1,470 performance-earned restricted shares (F2); 48,300 derivative awards (Stock Appreciation Rights/SARs) (reported as derivative, F6).
• Vesting: SARs vest in four equal annual installments beginning one year after grant (commencing July 15, 2027) (F5/F6). SARs expire 10 years from grant (F6).
• Holdings notes: filing footnote indicates the Reporting Person’s holdings include 17,225 unvested restricted shares and 11,070 performance-earned restricted shares (F3); additional holdings are held in a 401(k) trust (F4).
• SARs granted under Rule 16b-3 (exempt transaction) (F6).

Context

• Stock Appreciation Rights (SARs) are derivative awards that typically pay the holder the appreciation in value (in cash or stock) over the grant price; they are not immediate share purchases and vest over time.
• These awards are typical executive compensation and do not, by themselves, signal a buy/sell decision by the insider. Purchases are generally considered more direct bullish signals than compensation grants.