Morales Vincent J 4

What Happened

• Vincent J. Morales, Senior Vice President & Chief Financial Officer of PPG Industries (PPG), had a performance-based restricted stock unit (RSU) award settle on 2026-02-18. He was credited with 10,054 shares (code A — award/acquisition).
• To satisfy tax withholding related to the award, 4,136 shares were withheld/treated as disposed (code F) at an indicated value of $128.25 per share, totaling $530,442. This was a settlement and tax-withholding event rather than an open-market purchase or sale for investment purposes.

Key Details

• Transaction date: 2026-02-18
• Awarded (A): 10,054 shares (reported at $0 acquisition price on the Form 4)
• Withheld/Disposed for tax (F): 4,136 shares at $128.25 (total $530,442)
• Footnote: F1 — settlement of 2023 restricted stock unit performance award
• Shares owned after transaction: not specified in the filing
• Filing timeliness: no late filing indicator noted in the provided details

Context

• This is a routine RSU settlement: the company issued shares from a performance award and withheld a portion to cover tax obligations (common practice). It is not an open-market sale or purchase that signals a directional bet by the insider.