Braun Kevin D. 4

What Happened
Kevin D. Braun, Senior Vice President of Operations at PPG Industries, was granted 8.007 derivative shares (reported as an award/acquisition, code A) on 2026-03-12 at a reported per-share value of $100.73, totaling approximately $807. The award is a derivative/phantom stock unit rather than an open-market purchase of common stock.

Key Details

• Transaction date: 2026-03-12; filing date (Form 4): 2026-03-13 (timely).
• Reported amount: 8.007 shares at $100.73 per share; total reported value ≈ $807.
• Instrument: Derivative/phantom stock unit (not an immediate grant of common shares).
• Footnotes of note:
  • F1: Units convert to common stock on a one-for-one basis.
  • F2: Payout or conversion occurs after termination of employment.
  • F3: Units are phantom stock in PPG’s Deferred Compensation Plan and may fluctuate with the plan’s fund value.
• Shares owned after the transaction: not specified in the filing.

Context
This is an award of phantom/derivative units tied to PPG stock value (deferred compensation), not a market purchase or sale of common stock. Such grants are common compensation arrangements and do not by themselves indicate a buy/sell signal.