ANDERSON KERRII B 4

What Happened
Kerrii B. Anderson, a director of Sherwin-Williams Co. (SHW), was granted 31.7 deferred stock units on April 6, 2026. The units were credited at a weighted-average share price of $315.50, representing $10,001 in economic value. This is an award (code A) under the company's 2005 Director Deferred Fee Plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-08 (timely filing).
• Security and amount: 31.7 deferred stock units (each unit equals one share economically).
• Price used to calculate units: $315.50 (weighted average); reported aggregate value: $10,001.
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnotes:
  • F1: Units are deferred stock units payable solely in stock, generally after separation from service.
  • F2: $315.50 is the weighted-average price used to compute the number of units.
  • F3: Units include amounts from the plan’s dividend reinvestment feature.
  • Transaction type: A = Award/Grant (deferred stock units), not a purchase or sale.

Context
Deferred stock units are a form of compensation that mirror the economic value of shares but are paid out later (typically in shares upon departure from the board). Such grants are routine director compensation and do not by themselves signal a buy or sell intent.