THAMAN MICHAEL H 4
4 · SHERWIN WILLIAMS CO · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Sherwin-Williams Director Michael Thaman Receives Award of 107 DSUs
What Happened
Michael H. Thaman, a director of Sherwin-Williams (SHW), was credited with 106.97 deferred stock units (DSUs) on April 6, 2026 as a director fee award. The DSUs were valued using a weighted average share price of $315.50, giving an aggregate value of approximately $33,749. This was an award (compensation), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-06; filing date: 2026-04-08 (filed on time).
- Award: 106.97 deferred stock units at a weighted average price of $315.50; total value ≈ $33,749.
- Reported holdings (per footnote): 1,100 restricted stock units (RSUs) and 7,011 shares of common stock (total 8,111 securities as noted in filing footnote).
- Footnotes of note:
- F1: DSUs credited under the 2005 Director Deferred Fee Plan; each DSU equals the economic equivalent of one share and is payable solely in stock, generally after separation from service.
- F2: $315.50 is the weighted average share price used to calculate the DSUs credited.
- F3: DSUs include amounts from the plan’s dividend reinvestment feature.
- F4/F5 clarify prior reports and composition of reported securities.
Context
Deferred stock units are a form of compensation that convert to shares (or the economic equivalent) later, typically when the director leaves service. Because this is a compensation award (not a purchase or sale), it reflects routine director pay rather than an immediate bullish or bearish market trade.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-04-06$315.50/sh+106.97$33,749→ 5,601.56 total(indirect: Deferred Fee Plan)
- 8,111
Common Stock
[F4][F5]
Footnotes (5)
- [F1]Represents the number of deferred stock units acquired by the Reporting Person, in an exempt transaction, pursuant to the 2005 Director Deferred Fee Plan ("Deferred Fee Plan"). Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable solely in stock, generally following the Reporting Person's separation from service as a Director of the Company.
- [F2]Represents the weighted average share price on the transaction date used to determine the number of deferred stock units to be credited to the Reporting Person's account.
- [F3]These securities consist of deferred stock units, held pursuant to the Deferred Fee Plan, and include deferred stock units acquired pursuant to the dividend reinvestment feature of such Plan.
- [F4]No transaction is being reported on this line. Reported on a previously filed Form 4.
- [F5]These securities consist of 1,100 restricted stock units ("RSUs") and 7,011 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.