Braun Kevin D. 4
4 · PPG INDUSTRIES INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
PPG (PPG) Sr. VP Kevin D. Braun Receives 8.007-Share Award
What Happened
Kevin D. Braun, Senior Vice President of Operations at PPG Industries, was granted 8.007 derivative shares (reported as an award/acquisition, code A) on 2026-03-12 at a reported per-share value of $100.73, totaling approximately $807. The award is a derivative/phantom stock unit rather than an open-market purchase of common stock.
Key Details
- Transaction date: 2026-03-12; filing date (Form 4): 2026-03-13 (timely).
- Reported amount: 8.007 shares at $100.73 per share; total reported value ≈ $807.
- Instrument: Derivative/phantom stock unit (not an immediate grant of common shares).
- Footnotes of note:
- F1: Units convert to common stock on a one-for-one basis.
- F2: Payout or conversion occurs after termination of employment.
- F3: Units are phantom stock in PPG’s Deferred Compensation Plan and may fluctuate with the plan’s fund value.
- Shares owned after the transaction: not specified in the filing.
Context
This is an award of phantom/derivative units tied to PPG stock value (deferred compensation), not a market purchase or sale of common stock. Such grants are common compensation arrangements and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
Form 4
Braun Kevin D.
Sr VP, Operations
Transactions
- Award
Phantom Stock Units
[F1][F2][F3]2026-03-12$100.73/sh+8.007$807→ 853.097 total→ Common Stock (8.007 underlying)
Footnotes (3)
- [F1]The security converts to common stock on a one-for-one basis.
- [F2]After termination of employment with PPG.
- [F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Kevin D. Braun|2026-03-13