Williams Brian Richard 4
Research Summary
AI-generated summary
PPG VP Controller Brian Williams Receives 756-Share RSU Award
What Happened
- Brian Richard Williams, Vice President and Controller of PPG Industries, received 756 shares on Feb 18, 2026 as the settlement of a 2023 restricted stock unit (RSU) performance award. The award was reported as acquired at $0.00 (award grant); at the reported market price of $128.25 the grant is roughly $96,957 in value.
- To satisfy tax withholding related to the award, 197 shares were disposed (code F) at $128.25 per share, generating $25,265 to cover tax obligations. This withholding is a routine tax payment, not an open-market sale.
Key Details
- Transaction date: 2026-02-18. Filing date: 2026-02-20 (filed within the standard 2‑business‑day Form 4 window).
- Award: 756 shares (Code A) acquired at $0.00; implied market value ≈ $96,957 at $128.25/share.
- Tax withholding: 197 shares disposed (Code F) at $128.25/share for $25,265.
- Footnotes: F1 — settlement of a 2023 restricted stock unit performance award; F2 — indicates the total shares held by the reporting person in the PPG Employee Savings Plan as of Feb 18, 2026 (amount not specified here).
- Shares owned after the transaction: see footnote F2 in the filing (the excerpt does not list the numeric total).
Context
- This filing reflects a routine RSU settlement with shares withheld to cover taxes (a common practice). The withheld shares are tax-related disposals, not discretionary sales that necessarily indicate insider sentiment.
- No late filing is indicated. The activity is standard compensation settlement for an executive rather than an open-market buy or sell.