KNAVISH TIMOTHY M 4

What Happened

• Timothy M. Knavish, Chairman, CEO and Director of PPG Industries (PPG), received two equity awards on February 24, 2026: 106,871 restricted stock units (RSUs) and 27,879 RSUs. Each award was granted at $0.00 (transaction code A — award/grant) and together total 134,750 RSUs.
• These are derivative awards (contingent rights to common stock) issued as compensation under PPG’s Amended and Restated Omnibus Incentive Plan. This is an award/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely filing).
• Awards: 106,871 RSUs and 27,879 RSUs (total 134,750 RSUs) granted at $0.00.
• Vesting: The restricted stock units vest on February 24, 2029 (see footnote F3).
• Plan/authority: Granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan (footnote F1). Each RSU equals a contingent right to one share of common stock (footnote F2).
• Shares owned after transaction: not specified in the provided filing.

Context

• RSUs are compensation awards that convert to actual shares only if vesting conditions are met (here, a three‑year vesting from grant). They do not represent an immediate purchase (bullish signal) or sale and should be viewed primarily as executive compensation rather than a direct market sentiment indicator.
• No indication in this filing of immediate sale, option exercise, or 10b5‑1 trading plan.