Dennsteadt David C. 4
4 · RPM INTERNATIONAL INC/DE/ · Filed Jul 21, 2026
Research Summary
AI-generated summary of this filing
RPM President & COO David C. Dennsteadt Sells 1,455 Shares
What Happened
David C. Dennsteadt, President & COO of RPM International Inc. (RPM), disposed of 1,455 shares of common stock on July 19, 2026 at $105.08 per share for a total of $152,891. The shares were surrendered to the company to satisfy tax withholding obligations when a portion of his 2023 Performance Stock Units vested.
Key Details
- Transaction date: July 19, 2026; Price: $105.08; Shares surrendered: 1,455; Total value: $152,891. (Reported on Form 4 filed July 21, 2026.)
- Transaction code: F — tax withholding / payment of tax liability (shares disposed to issuer to satisfy taxes).
- Reported holdings notes: includes 17,225 unvested restricted shares and 6,070 Performance Earned Restricted Stock (per footnote). Footnote also references shares held in a 401(k) account (Fidelity Trust) but does not state that balance here.
- Filing timeliness: Form 4 was filed July 21, 2026 (no indication in the filing that this was a late report).
Context
This was a routine tax-withholding disposition tied to vested performance stock units (PSUs), not an open-market sale. Such "sell-to-cover" actions are common when awards vest and do not by themselves indicate a change in the insider's investment view.
Insider Transaction Report
- Tax Payment
Common Stock, $0.01 par value
[F1][F2]2026-07-19$105.08/sh−1,455$152,891→ 31,154 total
- 600(indirect: By 401(k))
Common Stock, $0.01 par value
[F3] - 215,600
Stock Appreciation Rights
[F4][F5]→ Common Stock (215,600 underlying)
Footnotes (5)
- [F1]On July 19, 2026, a portion of the Reporting Person's Performance Stock Units previously granted in 2023 pursuant to the Plan vested. In accordance with the Plan, the Reporting Person disposed of 1,455 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- [F2]Includes an aggregate of 17,225 unvested restricted shares of Common Stock and 6,070 shares of Common Stock, issued as Performance Earned Restricted Stock.
- [F3]Approximate number of shares of Common Stock held as of July 19, 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 or Form 4.
- [F5]Stock Appreciation Rights granted 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 2020 and 2026 and expire 10 years from the date of grant.