Foulkes Anne M. 4
4 · PPG INDUSTRIES INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
PPG (PPG) Sr. VP Anne Foulkes Receives Award of 0.326 Shares
What Happened
- Anne M. Foulkes, Senior Vice President, Legal & Special Projects at PPG Industries, was granted 0.326 shares (derivative/phantom stock units) on 2026-03-13. The grant is reported at a per-share price of $101.89 for a total value of approximately $33. This was an award (compensation-related), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-13 at $101.89 per share; total value ≈ $33.
- Filing date / report period: Form 4 filed 2026-03-16 reporting the 2026-03-13 transaction.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: The security converts to common stock on a one-for-one basis.
- F3: These are phantom stock units in PPG’s Deferred Compensation Plan (units represent interests in a fund of stock and cash; the number attributed can change with fair market value).
- F2: Indicates distribution/conversion occurs after termination of employment.
- Filing timeliness: No indication in the filing that it was late.
Context
- This was a small, routine compensation award of derivative (phantom) stock units rather than a market buy or sale. Phantom units reflect deferred compensation and may convert to common shares (1:1) or cash on specified conditions; they do not necessarily reflect an immediate bullish or bearish insider action.
Insider Transaction Report
Form 4
Foulkes Anne M.
Sr. VP, Legal & Spl. Projects
Transactions
- Award
Phantom Stock Units
[F1][F2][F3]2026-03-13$101.89/sh+0.326$33→ 765.079 total→ Common Stock (0.326 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|2026-03-16