Bellezza Alisha 4

4 · PPG INDUSTRIES INC · Filed Apr 1, 2026

AI-generated summary of this filing

Updated Apr 1, 2026

PPG Sr. VP Alisha Bellezza Receives Phantom Stock Award

What Happened

Alisha Bellezza, Senior Vice President, Automotive Coatings at PPG Industries (PPG), received a derivative award of 0.566 phantom stock units on 2026-03-31 (transaction code A). The units were valued at $106.88 each for a total reported value of approximately $61. This was an award/grant (not an open-market purchase or sale).

Key Details

Transaction date and price: 2026-03-31; 0.566 units @ $106.88 each; total ~$61.
Transaction type: Award/Grant of phantom stock units (derivative), reported on Form 4.
Shares owned after transaction: Not disclosed in the provided filing.
Filing timeliness: Reported on 2026-04-01 (next-business-day filing), so filing appears timely.
Notable footnotes from the filing:
- F1: The security converts to common stock on a one-for-one basis.
- F2: Settlement may occur after termination of employment.
- F3: These are phantom stock units in PPG’s Deferred Compensation Plan, representing interests in an unfunded unitized stock-and-cash fund; unit counts/value can change based on share price and fund cash.

Context

This was a compensation-related derivative award (phantom units) rather than a direct stock purchase. Such awards are routine forms of executive compensation and may be settled in stock or cash per plan terms; they do not by themselves signal a buy/sell decision.

Form 4

Period: 2026-03-31

Sr. VP, Automotive Coatings

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-03-31$106.88/sh+0.566$61→ 159.888 total
→ Common Stock (0.566 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 Alisha E. Bellezza|2026-04-01

1 file