|4Feb 20, 2:09 PM ET

Bergstrom Karl Henrik 4

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PPG SVP Karl Bergstrom Receives 1,986-Share Award

What Happened Karl Henrik Bergstrom, Senior Vice President, Global Architectural Coatings at PPG Industries (PPG), was granted/received 1,986 shares on 2026-02-18. The Form 4 reports the transaction as an award/acquisition (code A) with an acquisition price of $0. The filing notes this was the settlement of a 2023 restricted stock unit (performance) award.

Key Details

  • Transaction date: 2026-02-18; Form 4 filed: 2026-02-20.
  • Transaction type/code: A (award/grant); acquisition price reported as $0; aggregate reported value $0.
  • Footnote: F1 — settlement of 2023 restricted stock unit performance award.
  • Shares owned after transaction: not specified in the provided filing details.
  • Timeliness: filed two days after the transaction (appears timely based on the Form 4 filing date).

Context This was a settlement of a prior performance-based restricted stock unit award converting into shares, not an open-market purchase or sale. Such settlements are typically part of compensation/long-term incentive programs and do not by themselves indicate an insider’s buy/sell sentiment. These awarded shares may remain subject to transfer or tax-withholding rules even though the acquisition price is reported as $0.