The chairman and chief executive of paint maker Sherwin-Williams Co. exercised options for 339,943 shares of common stock, according to a Securities and Exchange Commission filing.
In five Form 4 documents filed Tuesday with the SEC, Christopher M. Connor reported he exercised the options Friday for $20.25 to $25.43 apiece and then sold 319,943 shares on the same day for $56.75 to $58.40 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Sherwin-Williams is based in Cleveland.