LIGOCKI KATHLEEN 4

4 · PPG INDUSTRIES INC · Filed Jun 15, 2026

AI-generated summary of this filing

Updated Jun 15, 2026

PPG Director Kathleen Ligocki Receives Award of 49.8 Shares

What Happened

Kathleen Ligocki, a director of PPG Industries, received an award of 49.786 derivative shares (phantom stock units) on 2026-06-12. The filing lists an acquisition price of $119.34 per share, giving a reported value of $5,942. This was an award/grant (not an open‑market purchase or sale).

Key Details

Transaction date and price: 2026-06-12 at $119.34 per share (total value ~$5,942).
Transaction type: Award/Grant (derivative — phantom stock units) (code A).
Shares owned after the transaction: not specified in the filing.
Footnotes of note:
- F1: The security converts to common stock on a one‑for‑one basis.
- F2: References distribution/conditions after termination of director service.
- F3: These are phantom stock units in the PPG Deferred Compensation Plan for Directors; they represent interests in an unfunded unitized company stock fund (stock and cash) and may fluctuate with fair market value and cash in the fund.
Filing: Report filed 2026-06-15 for a 2026-06-12 transaction; the filing appears to be timely.

Context

These were director compensation units (phantom stock) rather than a market purchase or sale. Phantom units typically convert to actual shares later (here, on a 1:1 basis per the filing) or are paid out under plan rules, so this award is primarily a compensation event—not a direct disclosure of the director buying or selling stock as a market signal. The dollar value of this grant is modest (~$5.9k).

Form 4

Period: 2026-06-12

Director

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-06-12$119.34/sh+49.786$5,942→ 8,852.344 total
→ Common Stock (49.786 underlying)

Footnotes (3)

[F1]The security converts to common stock on a one-for-one basis.
[F2]After termination of service as a Director of PPG Industries, Inc.
[F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors. 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 Kathleen A. Ligocki|2026-06-15

1 file