In 2023, Frank C. Sullivan earned $2.59M in total compensation at RPM International, including $1.07M salary and $1.27M in stock. Most recently sold 57,083 shares in Aug 2024. Currently holds stock worth $113.37M. Has donated $33.14M in stock to charitable causes. Has led RPM International for over 17 years.
Compensation History
Annual executive compensation data for Frank C. Sullivan, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.59M
Salary
$1.07M
Bonus
$0.00
Other
$250.54K
Salary
$1.07MBoard Justification
The Company’s general compensation philosophy is performance-based, ensuring that executive officers are well compensated for achieving strong operating and financial results that contribute to enhanced stockholder value.
Bonus
$0.00Board Justification
No bonuses were awarded to our named executive officers during fiscal 2024, fiscal 2023 or fiscal 2022, although the named executive officers did receive cash awards under our Incentive Plan.
Other Compensation
$250.54KBoard Justification
Other compensation includes matching contributions under the 401(k), automobile allowance, life insurance premiums, matched charitable contributions, and financial consulting fees.
Restricted Stock
Board Justification
Mr. Sullivan received 11,140 Performance Earned Restricted Stock (PERS) for fiscal 2024, which is contingent upon the level of attainment of performance goals for the fiscal year.
Performance Metrics
The performance metrics include EBIT margin and working capital ratio, which are critical for determining the compensation under the PERS.
Frank C. Sullivan
CEO of RPM International
Sector of Economy
Basic Materials
CEO of RPM International for
17 years 1 month (Oct 2008 - Present)
Previous Experience
Unknown
Holdings
Track Frank C. Sullivan's stock holdings and portfolio value over time.
Total Stock Sold
$54.23M
$54.23M
967,982 RPM shares
What if they kept their stock?
If Frank C. Sullivan didn't sell their stock, today they would have:
Extra RPM967,982 shares worth $101.93M.
This is 87.94% and $47.69M more than what they got when they sold the stock.
Charitable Transactions
314,694 shares
RPM
Recent Charitable Transactions
24,000 shares
RPM
Aug 15, 2024
Charity
42,000 shares
RPM
Mar 1, 2024
Charity
50,000 shares
RPM
Dec 15, 2023
Charity
20,000 shares
RPM
May 31, 2023
Charity
7,550 shares
RPM
May 31, 2022
Charity
7,600 shares
RPM
May 31, 2021
Charity
Insider Trading
Frank C. Sullivan's recent stock transactions, purchases, and sales filed with the SEC.
24,000 shares
RPM
Aug 15, 2024
Charity
2,000 shares
RPM
Aug 15, 2024
Charity
$6.63M
RPM at $116.06/share
Aug 15, 2024
Sale
31,438 shares
RPM
Jul 18, 2024
Received
1,845 shares
TKR
May 3, 2024
Received
42,000 shares
RPM
Mar 1, 2024
Charity
50,000 shares
RPM
Dec 15, 2023
Charity
$4.56M
RPM at $96.03/share
Nov 6, 2023
Sale
$2.12M
RPM at $103.54/share
Aug 2, 2023
Sale
60,400 shares
RPM
Jul 19, 2023
Received
Rivals
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Bonus
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$0.00
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Salary
$1.27M
Bonus
$2.66M
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$214.78K
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$7.65M
E. Scott Santi
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2022 Compensation
Stock
$0.00
Salary
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Bonus
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Other
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Total Holdings
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