What did RPM International's CEO Frank C. Sullivan do with his Stock Appreciation Rights, and how many shares did he retain after related transactions?

RPM International's Chairman and CEO, Frank C. Sullivan, exercised 200,000 Stock Appreciation Rights, receiving 200,000 shares of common stock; he then returned 106,529 shares to the issuer and used 40,753 shares to cover the exercise price or tax liability; after these actions, he retained the remaining shares from the exercise (200,000 − 106,529 − 40,753 = 52,718 shares), though the body does not explicitly state his post-transaction share ownership—only that he still holds 1,031,300 Stock Appreciation Rights and has indirect holdings in a trust and a 401(k) plan.

How many Stock Appreciation Rights does Frank C. Sullivan still hold after exercising 200,000 rights, and what other equity interests does he maintain?

After exercising 200,000 Stock Appreciation Rights, Frank C. Sullivan still holds 1,031,300 Stock Appreciation Rights, in addition to indirect equity interests held through a trust and a 401(k) plan, as stated in the news body.

RPM International (NYSE: RPM) CEO Exercises Rights, Returns Over 100K Shares

Aug 7, 2026

RPM International Chairman and CEO Frank C. Sullivan exercised 200,000 Stock Appreciation Rights, returning 106,529 shares and retaining significant holdings after tax and exercise costs.

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