Braun Kevin D. 4

4 · PPG INDUSTRIES INC · Filed May 18, 2026

AI-generated summary of this filing

Updated May 18, 2026

PPG (PPG) Sr. VP Kevin Braun Receives Stock Award

What Happened

Kevin D. Braun, Senior Vice President, Operations at PPG Industries, received a grant/award of 2.108 phantom stock units on May 15, 2026. The units are reported at $102.64 per share, for a nominal total value of $216. This was a derivative award (code A) rather than an open-market purchase or sale.

Key Details

Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely filing).
Award: 2.108 phantom stock units at $102.64 per unit; reported value $216.
Shares owned after transaction: not specified in the filing; the grant is part of Braun’s phantom stock holdings under PPG’s Deferred Compensation Plan (see F3).
Footnotes of note:
- F1: Units convert to common stock on a one-for-one basis.
- F2: Some benefits may be payable after termination of employment.
- F3: Phantom stock units reflect interests in an unfunded unitized company stock fund; the attributed share equivalent may change with the fund’s fair market value.
Transaction type: Derivative award (not a cash purchase or sale).

Context

These are phantom stock units in PPG’s Deferred Compensation Plan — a form of deferred, not immediately issued, equity exposure tied to company stock value. Such awards typically represent compensation or retention incentives and do not necessarily indicate immediate buying/selling sentiment.

Form 4

Period: 2026-05-15

Sr VP, Operations

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-05-15$102.64/sh+2.108$216→ 873.578 total
→ Common Stock (2.108 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|2026-05-18

1 file