Gette Joseph R. 4

What Happened Joseph R. Gette, Senior Vice President, General Counsel and Secretary of PPG Industries (PPG), received 1,098 shares as the settlement of a 2023 restricted stock unit (RSU) performance award (acquired at $0.00). Concurrently, 308 shares were surrendered/disposed to satisfy tax withholding at a price of $128.25 per share, generating approximately $39,501 to cover tax liabilities. The net effect is an RSU settlement with shares withheld for taxes rather than an open-market sale.

Key Details

• Transaction date: February 18, 2026 (reported on Form 4 filed Feb 20, 2026).
• Award: 1,098 shares granted/issued (code A), acquisition price reported $0.00.
• Withholding: 308 shares disposed/withheld for taxes (code F) at $128.25/share; total ≈ $39,501.
• Footnotes: F1 — settlement of 2023 restricted stock unit performance award; F2 — refers to total shares held in Gette’s PPG Employee Savings Plan as of Feb 18, 2026 (amount not specified in this summary).
• Filing timeliness: Reported two days after the transaction date; appears timely under Section 16 reporting (no late filing indicated).

Context This was an RSU settlement with a routine tax-withholding disposition, not an open-market sale or a buy. Tax-withholding share disposals (code F) are common when restricted awards vest and do not necessarily reflect the insider making a discretionary sale.