Foulkes Anne M. 4
Research Summary
AI-generated summary
PPG INDUSTRIES (PPG) SVP Anne Foulkes Sells 3,594 Shares
What Happened
Anne M. Foulkes, Senior Vice President, Legal & Special Projects at PPG Industries (PPG), sold 3,594 shares in an open-market sale on February 20, 2026. The shares were sold at $124.61 per share for total gross proceeds of approximately $447,848. This was a sale (S) transaction.
Key Details
- Transaction date and price: 2026-02-20 — 3,594 shares sold @ $124.61 each.
- Total proceeds: ~$447,848.
- Filing date: Form 4 filed on 2026-02-24 (timely; within the 2 business-day reporting window).
- Shares owned after transaction: Not specified in the filing; footnote F1 references the total shares held by the reporting person in the PPG Industries Employee Savings Plan as of Feb 20, 2026.
- Transaction code: S (sale). No 10b5-1 plan, tax withholding, or option exercise noted in the filing.
Context
Open-market sales by company officers are common and often reflect routine portfolio/financial planning rather than a company-specific signal. Because this filing reports a straightforward sale (not an option exercise, gift, or 10% owner transaction), it should be interpreted as a routine insider sale unless additional information emerges. Purchases generally carry stronger interpretive weight for signaling insider confidence.