Gamgort Robert James 4
Research Summary
AI-generated summary
SHERWIN-WILLIAMS (SHW) Director Robert Gamgort Receives Deferred Stock Award
What Happened
- Robert J. Gamgort, a director of Sherwin-Williams Co. (SHW), was credited with 106.97 deferred stock units on April 6, 2026. The units were valued using a weighted average price of $315.50 per share, for a notional value of $33,749. This transaction is an award/acquisition (A) of deferred stock units, not an open-market purchase or sale.
Key Details
- Transaction date: April 6, 2026; Form filed: April 8, 2026.
- Units credited: 106.97 deferred stock units; price used to calculate units: $315.50; total value shown: $33,749.
- Securities type: deferred stock units under the 2005 Director Deferred Fee Plan (each unit equals the economic equivalent of one share and will be paid solely in stock, generally upon the director's separation from service).
- Additional notes: the units include amounts from the plan’s dividend reinvestment feature and were calculated using the weighted average share price on the transaction date.
- Shares owned after transaction: not specified in this Form 4.
- Filing timeliness: no late filing flag indicated (transaction reported on Form 4 filed two days after the transaction).
Context
- Deferred stock units are not immediate common shares — they represent a right to receive shares later (typically upon leaving the board) and therefore do not reflect an immediate purchase or sale of stock. This is a routine director compensation event under Sherwin-Williams’ director deferred fee plan, not an insider sale.