Foulkes Anne M. 4/A

What Happened

• Anne M. Foulkes, Senior Vice President, Legal & Special Projects at PPG Industries (PPG), had 1,424 shares withheld to satisfy a tax liability related to an equity transaction. The withholding was recorded as a disposition (code F) on 2026-02-18 at $128.25 per share, totaling approximately $182,628. This amended Form 4 corrects the number of shares withheld that was misreported on the original filing.

Key Details

• Transaction date and price: 2026-02-18, 1,424 shares @ $128.25 per share.
• Total value of withheld shares: ~$182,628 (disposition via tax withholding).
• Shares owned after transaction: Not specified in the provided/amended filing.
• Filing timeline: Original Form 4 was filed Feb 20, 2026; this amendment was filed Feb 24, 2026 to correct the withholding amount (see footnote F1).
• Footnote: F1 states the amendment corrects the number of shares withheld for tax liability due to an administrative error.
• Transaction code meaning: F = payment of exercise price or tax liability (shares withheld to cover taxes), not an open-market sale.

Context

• This was a tax-withholding disposition (common when shares vest or options are exercised) rather than a voluntary sale in the open market; such withholdings are typically administrative and don’t necessarily signal insider sentiment. The amendment merely corrects the previously reported withholding amount.