|4Feb 17, 7:22 AM ET

Binns Justin T 4

Research Summary

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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.