Ericson Amy R. 4

What Happened

• Amy R. Ericson, Senior Vice President, P&M Coatings at PPG Industries (PPG), received derivative awards on Feb 24, 2026 consisting of 7,634 units (reported at $0.00) and 1,992 restricted stock units (RSUs) (reported at $0.00). The two grants total 9,626 award units. The filing reports $0.00 acquisition price because these were compensation awards rather than an open-market purchase.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026.
• Reported acquisition amounts/prices: 7,634 @ $0.00 (derivative award); 1,992 @ $0.00 (RSU award).
• Shares owned after transaction: Not specified in the excerpt provided from the Form 4.
• Footnotes:
  • F1: Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan (i.e., a derivative award/right to acquire stock).
  • F2: Each restricted stock unit represents a contingent right to receive one share of PPG common stock.
  • F3: The restricted stock units vest on February 24, 2029.
• Filing timeliness: Filed two days after the transaction date; appears to be timely (no late filing flag in the provided data).

Context

• These awards are compensation grants (one grant described as a “right to buy” under PPG’s omnibus incentive plan and one set of RSUs). RSUs are paid in shares upon vesting (here, Feb 24, 2029) and do not reflect an immediate open-market purchase or sale.
• Such grants are commonly part of executive pay and do not, by themselves, signal a buy/sell decision by the insider. They do, however, increase future potential insider exposure to the company’s stock if they vest and are settled in shares.