Petz Heidi G 4
Research Summary
AI-generated summary
Sherwin-Williams CEO Heidi Petz Sells 3,322 Shares for Taxes
What Happened Heidi G. Petz, President & CEO and a director of Sherwin-Williams Co. (SHW), had 3,322 shares of common stock withheld by the company on 2026-02-13 to satisfy tax withholding obligations tied to the vesting of her RSUs. The shares were valued at $372.49 each, totaling $1,237,412. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-17 (filed within the Form 4 reporting window).
- Shares withheld/disposed: 3,322; Price per share: $372.49; Total value: $1,237,412.
- Underlying award: Withholding occurred upon vesting of 8,350 RSUs granted 2023-02-14 under the company's 2006 Equity and Performance Incentive Plan (see footnote F1).
- Footnote F2: Notes shares attributable to the reporting person’s participation in the company 401(k) plan per the trustee’s 2/13/2026 statement.
- Shares owned after the transaction: not specified in the information provided in this summary.
Context
- This was a routine tax-withholding event (company retained shares to cover taxes on vested RSUs) rather than a discretionary sale of shares on the open market. Such withholdings are common and do not necessarily signal the insider’s view of the stock.
- For retail investors, outright purchases by insiders tend to be more informative about conviction than routine withholding or administrative dispositions.