Braun Kevin D. 4

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.