Braun Kevin D. 4

4 · PPG INDUSTRIES INC · Filed Jul 1, 2026

AI-generated summary of this filing

Updated Jul 1, 2026

PPG Sr. VP Kevin Braun Receives Award of 6.955 Shares

What Happened

Kevin D. Braun, Senior Vice President, Operations at PPG Industries (PPG), received an award of 6.955 phantom stock units (derivative interest) on 2026-06-30. The units are reported at $121.29 each, totaling about $844. The filing lists this as an award/grant (transaction code A) of a derivative security rather than an open-market purchase.

Key Details

Transaction date and valuation: 2026-06-30 at $121.29 per share; total value ≈ $844.
Transaction type: Award/Grant (A) of derivative phantom stock units that convert to common stock on a one-for-one basis (Footnote F1).
Shares owned after transaction: Not specified in the filing.
Footnotes of note:
- F1: Units convert to common stock one-for-one.
- F2: Reference to settlement/rights after termination of employment.
- F3: These are phantom stock units in PPG’s Deferred Compensation Plan (an unfunded unitized stock-and-cash fund whose attributed share count can change with fair market value and cash in the fund).
Timeliness: Reported with period 2026-06-30 and filed 2026-07-01—no late filing indicated.

Context

This was a compensation award (derivative phantom units), not an open-market purchase or sale. Phantom stock units typically reflect deferred compensation and may be settled in stock or cash per plan rules; their attributed share counts can fluctuate with PPG’s stock value. The award’s dollar amount is modest and likely routine compensation rather than a major insider investment signal.

Form 4

Period: 2026-06-30

Sr VP, Operations

Transactions

Award
Phantom Stock Units
[F1][F2][F3]
2026-06-30$121.29/sh+6.955$844→ 892.615 total
→ Common Stock (6.955 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|2026-07-01

1 file