LIGOCKI KATHLEEN 4

What Happened

• Kathleen Ligocki, a director of PPG Industries, received an award of 62.279 derivative shares (transaction code A) on March 12, 2026. The filing reports a per-share value of $100.73 and a total reported value of $6,273.
• This was an award of phantom stock units in PPG’s Deferred Compensation Plan for Directors (a derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-13 (timely filing).
• Price/value: $100.73 per share; total reported value $6,273.
• Amount acquired: 62.279 phantom stock units (derivative).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — units convert to common stock on a one-for-one basis; F2 — conversion/settlement may occur after termination of director service; F3 — these are phantom stock units in the Deferred Compensation Plan (an unfunded unitized stock/cash fund whose credited units and value can change over time).

Context

• Phantom stock units are contingent/derivative awards that track stock value and typically convert or pay out later (here noted to convert one-for-one and potentially settle after service ends). They are not immediate open-market purchases and do not necessarily signal the director bought shares outright.