Binns Justin T 4
4 · SHERWIN WILLIAMS CO · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Sherwin-Williams (SHW) President Justin Binns Withholds 1,469 Shares
What Happened
Justin T. Binns, President, Global Architectural at Sherwin-Williams, had 1,469 shares of company stock withheld by the issuer on Feb 13, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $372.49 each, for a total value of about $547,188. This was a tax-withholding disposition related to an RSU award (not an open-market sale).
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-17 (filed timely).
- Withheld shares: 1,469 at $372.49 per share; total ≈ $547,188.
- Reason: Shares were mandatorily withheld to cover tax withholding on the vesting of 4,175 RSUs granted Feb 14, 2023 under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan (footnote F1).
- Additional note (footnote F2): references shares attributable to the reporting person’s participation in the company 401(k) per trustee statement dated 2/13/2026.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and is reported as a disposition but does not imply an open-market sale reflecting the insider’s view of the stock. Purchases by insiders can be more informative about bullish sentiment; tax-withholding dispositions are common and generally neutral in isolation.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-13$372.49/sh−1,469$547,188→ 16,453 total
- 5,922.35(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]These securities represent the number of shares of Common Stock mandatorily withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations due upon the vesting of 4,175 Restricted Stock Units ("RSUs"), granted to the Reporting Person on February 14, 2023. This award was granted pursuant to the terms of an RSU agreement under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan.
- [F2]Represents the number of shares of Common Stock attributable to the Reporting Person's participation in The Sherwin-Williams Company 401(k) Plan per the trustee's 2/13/2026 statement.