Justin T. Binns - Mar 13, 2024 Form 4 Insider Report for SHERWIN WILLIAMS CO (SHW)

Role
President, Glob. Architectural
Signature
Stephen J. Perisutti, Attorney-in-fact
Stock symbol
SHW
Transactions as of
Mar 13, 2024
Transactions value $
-$417,943
Form type
4
Date filed
3/15/2024, 12:37 PM
Previous filing
Feb 20, 2024
Next filing
Oct 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHW Common Stock Options Exercise $57.5K +849 +5.83% $67.74 15.4K Mar 13, 2024 Direct
transaction SHW Common Stock Options Exercise $54.2K +714 +4.63% $75.91 16.1K Mar 13, 2024 Direct
transaction SHW Common Stock Sale -$530K -1.56K -9.69% $338.87 14.6K Mar 13, 2024 Direct F1, F2
holding SHW Common Stock 5.76K Mar 13, 2024 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHW Employee Stock Option (Right to Buy) Options Exercise $0 -849 -100% $0.00* 0 Mar 13, 2024 Common Stock 849 $67.74 Direct F4
transaction SHW Employee Stock Option (Right to Buy) Options Exercise $0 -714 -100% $0.00* 0 Mar 13, 2024 Common Stock 714 $75.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $338.790 to $339.120 per share. The Reporting Person undertakes to provide to The Sherwin-Williams Company, any security holder of The Sherwin-Williams Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 These securities consist of 4,175 restricted stock units ("RSUs") and 10,389 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.
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 2/20/2024 statement.
F4 These options were granted on July 15, 2014 and vested in three equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.
F5 These options were granted on October 22, 2014 and vested in three substantially equal installments on each of the first three anniversaries of the date of grant, subject to vesting conditions.