Insider Sheds $2.9 Million Worth of Stock Following Option Exercise
Karl Jorgenrud liquidated 7,886 shares via cashless exercise of options granted nearly a decade ago, reducing his direct holdings by 40% while retaining over 13,000 shares.
Overview
Karl J. Jorgenrud, President, Glob. Industrial at The Sherwin-Williams Company (NYSE:SHW), sold 7,886 shares of common stock on Aug. 7, 2026, following a derivative exercise SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($368.30); post-transaction value based on Aug. 07, 2026, market close ($369.73).
Details
Sherwin-Williams is a leading specialty chemicals manufacturer with a $88.1 billion market capitalization and TTM revenues of $24.4 billion, reflecting its dominant position in the global coatings industry. The company leverages its integrated distribution network and diversified product portfolio to maintain competitive advantages in both professional and consumer segments. With 64,249 employees and operations spanning multiple customer verticals, Sherwin-Williams demonstrates substantial scale and operational complexity in the specialty coatings market.
Source
Originally published at www.fool.com.