Gamgort Robert James 4
Research Summary
AI-generated summary
Sherwin-Williams (SHW) Director Robert Gamgort Receives Award
What Happened
Robert Gamgort, a director of Sherwin-Williams (SHW), was credited with 96.32 deferred stock units on July 6, 2026 as an award under the company's Director Deferred Fee Plan. The filing values the award using a weighted average share price of $350.40, totaling $33,751. This transaction is an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-07-06; weighted average price used = $350.40 per share (Footnote F2).
- Amount: 96.32 deferred stock units; aggregate value reported = $33,751.
- Type: Award of deferred stock units under the 2005 Director Deferred Fee Plan (code A).
- Footnotes:
- F1: Units are deferred stock units (each equals one share economically) payable solely in stock, generally after the director’s separation from service.
- F2: Shows the weighted average share price used to determine units.
- F3: These deferred stock units include units acquired via the plan’s dividend reinvestment feature.
- F4: Indicates a separately reported line on a prior Form 4 (no new transaction on that line).
- F5: Reporting person’s other holdings noted in the filing include 902 RSUs and 173 shares (as described in the filing).
- Shares owned after transaction: Not explicitly stated on this line of the filing.
- Filing timeliness: No indication this filing was late.
Context
Deferred stock units are a form of director compensation that does not result in immediate stock delivery or sale; they represent the right to receive shares later (typically when the director leaves the board). Such awards are routine for non-employee directors and are not the same signal as an open-market purchase or sale.