PPG INDUSTRIES INC·4

Mar 13, 12:44 PM ET

Roberts III Chris 4

4 · PPG INDUSTRIES INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Director Chris Roberts III Receives Award of 28.204 Shares

What Happened

  • Chris Roberts III, a director of PPG Industries, received an award/acquisition of 28.204 derivative shares (phantom stock units) on 2026-03-12 at a per-share value of $100.73, totaling approximately $2,841. This was an award/grant (derivative), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed next day).
  • Amount: 28.204 shares; Price/value per share: $100.73; Total value: ~$2,841.
  • Security type: Derivative/phantom stock units (reported as an award).
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes:
    • F1: The security converts to common stock on a one-for-one basis.
    • F2: Related to treatment after termination of service as a Director of PPG.
    • F3: Units are phantom stock units in the PPG Deferred Compensation Plan for Directors (an unfunded unitized stock fund; unit counts can change with stock fair market value and cash in the fund).

Context

  • This was an awarded derivative grant (director compensation), common for board members; such awards are routine and do not necessarily indicate trading intent. The units are phantom/derivative and may convert to common stock one-for-one (per F1) and are part of a deferred compensation plan (per F3). The filing was timely (next-day).

Insider Transaction Report

Form 4
Period: 2026-03-12
Transactions
  • Award

    Phamtom Stock Units

    [F1][F2][F3]
    2026-03-12$100.73/sh+28.204$2,8412,151.229 total
    Common Stock (28.204 underlying)
Footnotes (3)
  • [F1]The security converts to common stock on a one-for-one basis.
  • [F2]After termination of service as a Director of PPG Industries, Inc.
  • [F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Chris Roberts III|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773420261.xmlPrimary

    FORM 4