RPM INTERNATIONAL INC/DE/·4

Jul 17, 4:24 PM ET

Laroche Michael J. 4

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RPM (RPM) VP/Controller Michael J. Laroche Receives Stock Awards

What Happened

  • Michael J. Laroche, Vice President, Controller & Chief Accounting Officer of RPM International Inc., received equity awards on July 15, 2026. The Form 4 reports grants of 1,005 common shares, 1,200 performance-earned restricted shares, and 4,700 derivative awards (recorded at $0.00 per unit), for a total of 6,905 awarded units. These were grants/awards (code A), not purchases or open-market sales, and thus represent compensation rather than a cash investment.

Key Details

  • Transaction date: 2026-07-15; filing date: 2026-07-17 (timely filed within the Form 4 reporting window).
  • Reported items: 1,005 shares of Common Stock (F1); 1,200 Performance Earned Restricted Stock (F2); 4,700 derivative awards (likely Stock Appreciation Rights) recorded at $0.00.
  • Shares owned following transaction: filing notes include an aggregate of 7,276 unvested restricted shares and 5,990 performance-earned restricted shares (F3).
  • Vesting/derivative detail: the Stock Appreciation Rights vest in four equal installments beginning July 15, 2027 (F4).
  • Transaction code: A = Award/Grant. No sale or purchase code reported; no cash changed hands.

Context

  • These awards are standard equity compensation under RPM’s 2024 Omnibus Equity and Incentive Plan and are typically subject to vesting and performance conditions, so they are not immediately liquid. The 4,700 derivative units (SARs) give value tied to future stock appreciation and vest over time; they are not the same as an immediate share purchase. Awards like these are routine for executives and do not by themselves indicate buying or selling sentiment.