PPG Chancey E. Hagerty (Sr. VP) Receives 14,438 RSU Award

What Happened

• Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries, was granted two awards on Feb 24, 2026 totaling 14,438 restricted stock units (11,451 + 2,987). The filing lists the acquisition price as $0.00 (derivative awards), reflecting RSU grants rather than a cash purchase.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26 (filed two business days after the transaction — within the standard 2‑day Form 4 window).
• Award amounts: 11,451 RSUs and 2,987 RSUs, total 14,438 RSUs. Price reported: $0.00 (award/grant).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes from the filing:
  • F1: Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
  • F2: Each restricted stock unit (RSU) represents a contingent right to receive one share of PPG common stock.
  • F3: The restricted stock units vest on February 24, 2029.
• Transaction code: "A" = Award/Grant.

Context

• These are compensation grants (RSUs) representing a future right to receive shares if vesting conditions are met; they are not an open‑market purchase or sale. RSUs typically vest over time (here, full vesting noted in 2029), so they do not necessarily signal immediate buying or selling intent.