PPG INDUSTRIES INC·4

Feb 26, 2:34 PM ET

Massy Robert L. 4

Research Summary

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PPG (PPG) Sr. VP Robert L. Massy Receives RSU Award

What Happened
Robert L. Massy, Senior Vice President and Chief Human Resources Officer of PPG Industries (PPG), received two awards of restricted stock units (derivative securities) on February 24, 2026: 9,161 RSUs and 2,390 RSUs, for a total of 11,551 RSUs. The Form 4 lists the acquisition price as $0.00 (award/derivative). These awards are grants (not open-market purchases or sales) and are compensatory rather than immediate market trades.

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (filed timely).
  • Grants: 9,161 RSUs (A) and 2,390 RSUs (A); combined total 11,551 RSUs; price shown $0.00 per unit (award).
  • Footnotes: Grants made under the PPG Amended and Restated Omnibus Incentive Plan (F1). Each restricted stock unit is a contingent right to receive one share of PPG common stock (F2). The RSUs vest on February 24, 2029 (F3).
  • Shares owned after the transaction: not specified in the supplied filing excerpt.
  • No indication of a 10b5‑1 plan, tax-withholding sale, or late filing in this report.

Context

  • These RSUs are derivative awards that typically convert to shares only when they vest (here, three years after grant). They are compensatory grants and do not indicate an immediate buy or sell in the open market.
  • For retail investors: awards to executives are common as part of long-term compensation; purchases tend to be stronger signals of immediate insider conviction than routine grants.