Foulkes Anne M. 4
Research Summary
AI-generated summary
PPG (PPG) Sr. VP Anne M. Foulkes Receives Award; Withholds 1,271 Shares
What Happened
- Anne M. Foulkes, Senior Vice President, Legal & Special Projects, received a grant/settlement of 4,865 shares on 2026-02-18 (award code A) as settlement of a 2023 restricted stock unit performance award. On the same date, 1,271 shares were disposed/withheld to cover tax liability (code F) at $128.25 per share, totaling $163,006. The award shares were issued at $0.00 cost to the reporting person.
Key Details
- Transaction date: 2026-02-18.
- Award: 4,865 shares (grant/settlement; code A) issued at $0.00.
- Tax withholding/disposition: 1,271 shares (code F) at $128.25/share = $163,006.
- Shares held after transaction: see footnote F2 for total shares held in the reporting person’s PPG Employee Savings Plan account as of Feb 18, 2026 (amount cited in the filing).
- Footnotes: F1 = settlement of 2023 restricted stock unit performance award; F2 = total shares held in employee savings plan as of 2/18/2026.
- Filing timeliness: Report filed 2026-02-20 for a 2026-02-18 transaction; appears filed within the standard 2-business-day window (not late).
Context
- This was a compensation-related RSU settlement, not an open-market purchase or a voluntary sale. The 1,271-share disposition reflects routine tax withholding (common on RSU vesting) rather than a directional trade signal by the insider.