4//SEC Filing
LAMACH MICHAEL W 4
Accession 0000079879-25-000114
CIK 0000079879other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 2:27 PM ET
Size
10.7 KB
Accession
0000079879-25-000114
Insider Transaction Report
Form 4
LAMACH MICHAEL W
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-16−1,368→ 0 total→ Common Stock (1,368 underlying) - Award
Restricted Stock Units
2025-04-17+1,849→ 1,849 total→ Common Stock (1,849 underlying) - Exercise/Conversion
Phantom Stock Units
2025-04-16$98.42/sh+1,368$134,639→ 13,696.792 total→ Common Stock (1,368 underlying)
Footnotes (6)
- [F1]Upon the vesting of restricted stock units on April 16, 2025, which were granted to the reporting person on April 18, 2024, the reporting person deferred the receipt of 1,368 shares of common stock and received instead shares of phantom stock pursuant to the PPG Industries, Inc. Deferred Compensation Plan for Directors. As a result, the reporting person is reporting the conversion of restricted stock units relating to 1,368 shares of common stock in exchange for shares in phantom stock.
- [F2]The security converts to common stock on a one-for-one basis.
- [F3]After termination of service as a Director of PPG Industries, Inc.
- [F4]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors. 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 common stock and the amount of cash in the fund.
- [F5]Each restricted stock unit represents a contingent right to receive one share of PPG Common Stock.
- [F6]The restricted stock units vest on April 15, 2026.
Documents
Issuer
PPG INDUSTRIES INC
CIK 0000079879
Entity typeother
Related Parties
1- filerCIK 0001279505
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 2:27 PM ET
- Size
- 10.7 KB