John George Morikis - 15 Feb 2024 Form 4 Insider Report for SHERWIN WILLIAMS CO (SHW)

Signature
Stephen J. Perisutti, Attorney-in-fact
Issuer symbol
SHW
Transactions as of
15 Feb 2024
Net transactions value
-$2,484,748
Form type
4
Filing time
20 Feb 2024, 17:53:18 UTC
Previous filing
31 Jan 2024
Next filing
22 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHW Common Stock Award $0 +17,502 +5.5% $0.000000 334,772 15 Feb 2024 Direct F1
transaction SHW Common Stock Tax liability $2,484,748 -7,939 -2.4% $312.98 326,833 15 Feb 2024 Direct F2
holding SHW Common Stock 57,493 15 Feb 2024 401(k) Plan F3
holding SHW Common Stock 48,695 15 Feb 2024 By Grantor Retained Annuity Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a performance-based restricted stock unit ("PRSU") award that has vested and paid out in shares of common stock. The PRSU award was initially granted on February 16, 2021, subject to the achievement of certain performance conditions for the 2021-2023 performance period, under The Sherwin-Williams Company 2006 Equity and Performance Incentive Plan.
F2 Represents shares mandatorily withheld to satisfy tax withholding liabilities arising upon the vesting of the PRSU award.
F3 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 12/31/2023 statement.