RPM (RPM) VP/General Counsel Tracy Crandall Sells 488 Shares

What Happened

• Tracy D. Crandall, Vice President, General Counsel and Chief Compliance Officer of RPM International, disposed of 488 shares of RPM common stock on July 19, 2026. The shares were recorded at $105.08 each, for a total of $51,279. This disposition was to satisfy tax obligations related to vested Performance Stock Units (PSUs) and was done by returning shares to the issuer (tax withholding), not an open-market sale.

Key Details

• Transaction date: July 19, 2026; filing date: July 21, 2026 (Form 4 accession 0001193125-26-310405).
• Price: $105.08 per share; total value reported: $51,279.
• Transaction code: F — shares disposed to satisfy tax withholding on vested awards.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Relevant footnotes:
  • F1: The 488 shares were surrendered to satisfy tax withholding when PSUs granted in 2023 vested.
  • F2: Filing notes the Reporting Person also has 9,481 unvested restricted shares and 3,840 performance-earned restricted shares.
  • F3: The filing references additional holdings in the RPM 401(k) plan (amount not shown in the excerpt).
  • F5: The filer has Stock Appreciation Rights granted in 2025–2026 that vest over four years (info only; no transaction reported here).
• Timeliness: Filing appears timely (transaction reported within two business days).

Context

• This was a routine tax-withholding disposition following vesting of equity awards (a common administrative step). Because shares were surrendered to the company to cover taxes rather than sold on the open market, this action is typically not a directional signal about the insider’s view of the company. Purchases or open-market sales tend to carry more investment signal than tax-withholding disposals.