Gette Joseph R. 4
4 · PPG INDUSTRIES INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
PPG Sr. VP Joseph Gette Receives 14,438-Share RSU Award
What Happened
Joseph R. Gette, Senior Vice President, General Counsel and Secretary of PPG Industries (PPG), was granted two awards on February 24, 2026: 11,451 restricted stock units (RSUs) and 2,987 RSUs (total 14,438 RSUs). Each award is reported at $0.00 (derivative award code A) because these are contingent RSUs rather than open-market purchases. The awards were made under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
Key Details
- Transaction date: February 24, 2026; reported on Form 4 filed February 26, 2026 (timely filing).
- Award types: Restricted Stock Units (derivative awards, code A). Reported grant amounts: 11,451 RSUs and 2,987 RSUs (total 14,438 RSUs) at $0.00.
- Vesting: RSUs vest on February 24, 2029 (see footnote).
- Plan: Granted under PPG’s Amended and Restated Omnibus Incentive Plan.
- Shares owned after transaction: Not specified in the Form 4 filing; see the full Form 4 for total holdings.
Context
Restricted stock units are a form of equity compensation that represent a contingent right to receive shares in the future (one RSU generally equals one share upon settlement). These awards do not typically convey shares, voting rights, or cash until they vest/settle, so they function as longer-term compensation rather than an immediate buy or sale. Investors who want a dollar value can multiply the total RSUs (14,438) by PPG’s market price on the grant date to estimate the grant’s market value.
Insider Transaction Report
- Award
Employee Stock Options
[F1]2026-02-24+11,451→ 11,451 totalExercise: $125.55From: 2029-02-24Exp: 2036-02-23→ Common Stock (11,451 underlying) - Award
Restricted Stock Units
[F2][F3]2026-02-24+2,987→ 2,987 total→ Common Stock (2,987 underlying)
Footnotes (3)
- [F1]Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
- [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.