Bellezza Alisha 4

What Happened

• Alisha Bellezza, Senior Vice President, Automotive Coatings at PPG Industries, received a grant/award of 0.835 shares (derivative) on June 12, 2026. The award is recorded at an implied price of $119.34 per share for a total value of $100. This was an award/acquisition (not an open-market purchase or sale) and appears to be a routine compensation-related grant rather than a market-directed buy or sell.

Key Details

• Transaction date and filing: Award dated 2026-06-12; Form 4 filed 2026-06-15 (appears timely).
• Instrument and amount: 0.835 derivative shares @ $119.34 = $100 (reported as an award/grant, code A).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: The security converts to common stock on a one-for-one basis.
  • F2: Conversion/settlement is tied to termination of employment.
  • F3: Units are phantom stock units in the PPG Deferred Compensation Plan (units reflect interests in a unitized stock-and-cash fund; quantities can change with fair market value).
• Filing timeliness: No late-filing flag shown; filing date is the next business day after the award.

Context

• This transaction is an award of derivative/phantom stock units used in deferred compensation plans; such grants are typical forms of executive compensation and do not directly indicate insider buying or selling sentiment. The dollar value is small ($100), reflecting a fractional unit grant or valuation rounding. The units can convert to common shares on a one-for-one basis and have settlement conditions tied to employment/termination per the footnotes.