ANDERSON KERRII B 4
Research Summary
AI-generated summary
Sherwin-Williams (SHW) Director Kerrii B. Anderson Receives $10K Deferred Award
What Happened
- Kerrii B. Anderson, a director of Sherwin-Williams Company (SHW), received an award of 28.54 deferred stock units on 2026-07-06. The units were credited at a weighted average price of $350.40 per share, for a total notional value of $10,000. This was an award under the company's 2005 Director Deferred Fee Plan (transaction code A), not an open-market purchase.
Key Details
- Transaction date: 2026-07-06; Filed: 2026-07-08 (timely)
- Award: 28.54 deferred stock units; weighted average price used: $350.40; total value: $10,000
- Shares/units reported after transaction: 28.54 deferred stock units were credited in this grant; the filing also reports holdings including 1,100 restricted stock units (RSUs) and 4,719 shares of common stock
- Footnotes: Deferred stock units are economic equivalents of one share and generally payable solely in stock after the director’s separation from service (Deferred Fee Plan). Units may include amounts from a dividend reinvestment feature.
- Filing does not indicate a sale or market purchase; this is director compensation (routine), not an exercised option or a sale.
Context
- Deferred stock units are a form of deferred compensation: they track the value of shares but are typically converted to actual shares only upon separation from service. This award reflects routine director compensation rather than a market purchase or sale.