Hagerty Chancey E. 4

What Happened

• Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries, received a grant (award/acquisition code A) of 0.169 derivative shares on April 15, 2026. The award is recorded at $107.72 per share for a total value of about $18. This was an award of phantom/derivative units, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-15 — 0.169 shares @ $107.72 (total ~$18).
• Filing date: 2026-04-16 (filed the next day; appears timely).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — converts to common stock one-for-one; F2 — conversion/vesting tied to termination of employment; F3 — units are phantom stock units in PPG’s Deferred Compensation Plan (unit value may fluctuate with stock price and cash in the fund).
• Transaction type: Award of derivative/phantom stock units (code A).

Context

• These were phantom stock units under PPG’s Deferred Compensation Plan (not a cash purchase). Phantom units represent interests in a unitized fund made up of stock and cash and may convert to common shares on a one-for-one basis per the filing. Such awards are typically part of executive compensation and do not directly indicate buying or selling sentiment in the market.