Ericson Amy R. 4

4 · PPG INDUSTRIES INC · Filed Jun 15, 2026

AI-generated summary of this filing

Updated Jun 15, 2026

PPG Sr. VP Amy R. Ericson Receives Award of 1.012 Phantom Shares

What Happened

Amy R. Ericson, Senior Vice President, P&M Coatings at PPG Industries, was granted 1.012 derivative units (phantom stock units) on 2026-06-12. Each unit is valued at $119.34, for a total reported value of approximately $121. This was an award/grant (Form 4 code A), not an open-market purchase or sale.

Key Details

Transaction date: 2026-06-12; Filing date: 2026-06-15 (timely filing).
Amount: 1.012 units at $119.34 per unit; total reported value ≈ $121.
Shares owned after transaction: not specified in the filing.
Footnotes of note:
- F1: The derivative security converts to common stock on a one-for-one basis.
- F2: Conversion/entitlement may occur after termination of employment.
- F3: These are phantom stock units held in PPG’s Deferred Compensation Plan; their credited number/value can change with the plan fund’s composition (stock and cash).
This transaction is an award (compensation), not a purchase (which might be seen as a direct bullish signal) or a sale.

Context

Phantom stock units are a form of deferred compensation that track company stock value; they do not represent immediate share ownership and typically pay out in stock or cash per plan rules. Per the filing, these units convert one-for-one to common stock and may vest or be payable subject to employment/plan provisions.

Form 4

Period: 2026-06-12

Sr. VP, P&M Coatings

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-06-12$119.34/sh+1.012$121→ 230.442 total
→ Common Stock (1.012 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 Amy R. Ericson|2026-06-15

1 file