Sherwin-Williams Enters Material Agreement, Financial Obligation

Ticker: SHW · Form: 8-K · Filed: 2025-03-10T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, debt

Related Tickers: SHW

TL;DR

SW just signed a big deal, creating a new financial obligation. Watch this space.

AI Summary

On March 10, 2025, The Sherwin-Williams Company entered into a material definitive agreement, likely related to financing or a significant operational change. This filing also indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the registrant. The company is a major player in the retail building materials and hardware sector.

Why It Matters

This filing signals a significant financial or operational development for Sherwin-Williams, potentially impacting its debt structure, investment plans, or strategic direction.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to debt, market conditions, or integration challenges.

Key Numbers

Key Players & Entities

FAQ

What specific type of material definitive agreement did Sherwin-Williams enter into?

The filing indicates the entry into a material definitive agreement but does not specify its exact nature in the provided text.

What is the nature of the direct financial obligation or off-balance sheet arrangement created?

The filing states the creation of such an obligation or arrangement but does not provide specific details in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on March 10, 2025.

What is Sherwin-Williams' principal executive office address?

The principal executive offices are located at 101 West Prospect Avenue, Cleveland, Ohio 44115.

What is Sherwin-Williams' SIC code and industry classification?

Sherwin-Williams has a Standard Industrial Classification code of 5200, categorized under RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY.

From the Filing

0001193125-25-050609.txt : 20250310 0001193125-25-050609.hdr.sgml : 20250310 20250310113322 ACCESSION NUMBER: 0001193125-25-050609 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250310 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250310 DATE AS OF CHANGE: 20250310 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHERWIN WILLIAMS CO CENTRAL INDEX KEY: 0000089800 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 340526850 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04851 FILM NUMBER: 25722695 BUSINESS ADDRESS: STREET 1: 101 PROSPECT AVE NW CITY: CLEVELAND STATE: OH ZIP: 44115 BUSINESS PHONE: 2165662200 MAIL ADDRESS: STREET 1: 101 PROSPECT AVE NW CITY: CLEVELAND STATE: OH ZIP: 44115 8-K 1 d921470d8k.htm 8-K 8-K SHERWIN WILLIAMS CO false 0000089800 0000089800 2025-03-10 2025-03-10     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 10, 2025     THE SHERWIN-WILLIAMS COMPANY (Exact name of registrant as specified in charter)       Ohio   1-04851   34-0526850 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   101 West Prospect Avenue Cleveland , Ohio   44115 (Address of principal executive offices)   (Zip Code) (216) 566-2000 (Registrant’s telephone number, including area code) Not applicable (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.33-1/3 per share   SHW   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01. Entry into a Material Definitive Agreement. On March 10, 2025, The Sherwin-Williams Company (“Sherwin-Williams”) entered into that certain Amendment No. 10 to the Amended and Restated Credit Agreement (“Amendment No. 10”) with Goldman Sachs Bank USA (“Goldman”), as administrative agent, Goldman Sachs Mortgage Company (“GSMC”), as issuing bank, and the

View on Read The Filing