PPG INDUSTRIES INC·4

Mar 13, 12:47 PM ET

Foulkes Anne M. 4

4 · PPG INDUSTRIES INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Anne M. Foulkes (Sr. VP) Receives Award of 7.291 Shares

What Happened

  • Anne M. Foulkes, Senior Vice President, Legal & Special Projects at PPG Industries, received a grant/award of 7.291 derivative shares on March 12, 2026. The award is reported at $100.73 per share for a total reported value of approximately $734. This was an award/derivative acquisition (Form 4 code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed the next day).
  • Amount: 7.291 derivative shares at $100.73 each; total reported value ≈ $734.
  • Transaction type: Award/Grant of derivative units (code A).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • F1: The derivative security converts to common stock on a one-for-one basis.
    • F2: Indicates settlement/conversion timing tied to termination of employment.
    • F3: These are phantom stock units in PPG’s Deferred Compensation Plan — an unfunded unitized stock/cash fund whose attributed units can change with PPG’s fair market value and cash in the fund.

Context

  • This is a standard compensation award (phantom stock units) rather than a market trade; such awards compensate executives and may vest or settle under plan terms (here, with potential settlement timing tied to employment termination). Awards are routine and do not alone indicate insider sentiment about the stock.

Insider Transaction Report

Form 4
Period: 2026-03-12
Foulkes Anne M.
Sr. VP, Legal & Spl. Projects
Transactions
  • Award

    Phantom Stock Units

    [F1][F2][F3]
    2026-03-12$100.73/sh+7.291$734764.753 total
    Common Stock (7.291 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 Anne M. Foulkes|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773420438.xmlPrimary

    FORM 4