Braun Kevin D. 4

4 · PPG INDUSTRIES INC · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

PPG Sr. VP Kevin D. Braun Receives Award of 1.417 Shares

What Happened

Kevin D. Braun, Senior Vice President, Operations at PPG Industries (PPG), received a grant/award of 1.417 derivative shares on 2026-03-13. The grant was recorded at $101.89 per share for a total reported value of $144.
This was an award (not an open-market purchase or sale) of phantom/derivative units tied to PPG stock, typically part of deferred compensation rather than an immediate cash transaction.

Key Details

Transaction date and price: 2026-03-13 at $101.89 per share.
Amount: 1.417 shares; reported total value = $144.
Transaction type: Grant/Award (derivative interest — phantom stock units).
Shares owned after transaction: not specified in the filing.
Filing date: 2026-03-16 (no late-filing flag indicated in the report).
Notable footnotes:
- F1: The security converts to common stock on a one-for-one basis.
- F2: Some rights may apply after termination of employment with PPG.
- F3: These are phantom stock units in the PPG Deferred Compensation Plan; unit values can change based on the fair market value of PPG common stock and cash in the fund.

Context

This was an award of phantom stock units (derivative compensation) rather than a market purchase or sale. Phantom units generally mirror stock value and are often used for deferred compensation; they do not necessarily indicate buying or selling sentiment.
The grant is small in dollar value (~$144) and appears to be routine compensation-related activity.

Form 4

Period: 2026-03-13

Sr VP, Operations

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-03-13$101.89/sh+1.417$144→ 854.514 total
→ Common Stock (1.417 underlying)

Footnotes (3)

[F1]The security converts to common stock on a one-for-one basis.
[F2]After termination of employment with PPG.
[F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. 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 Kevin D. Braun|2026-03-16

1 file