Roberts III Chris 4

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).