Sherwin-Williams CEO John Morikis Bought Up Shares

S


herwin-Williams


’ poor outlook in late January sent shares of the paint and coatings giant tumbling.Nonetheless, the company’s top executive bought a large block of stock.

Sherwin-Williams (ticker: SHW) reported strong fourth-quarter earnings on Jan. 26, but that was overshadowed by disappointing guidance. Shares lost a third of their value in 2022, worse than the 19% drop in the


S&P 500


and Sherwin-Williams stock is roughly flat so far this year, after its January slump.