Timothy M. Knavish - 14 Feb 2024 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Role
Chairman and CEO, Director
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Timothy M. Knavish
Issuer symbol
PPG
Transactions as of
14 Feb 2024
Net transactions value
-$294,260
Form type
4
Filing time
16 Feb 2024, 15:10:30 UTC
Previous filing
08 Feb 2024
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPG Common Stock Award $0 +6,004 +25% $0.000000 30,126 14 Feb 2024 Direct F1
transaction PPG Common Stock Award $0 +1,179 +3.9% $0.000000 31,305 14 Feb 2024 Direct F2
transaction PPG Common Stock Tax liability $294,350 -2,101 -6.7% $140.10 29,204 14 Feb 2024 Direct
holding PPG Common Stock 5,142 14 Feb 2024 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPG Phantom Stock Units Award $90 +1 +0.01% $142.42 10,775 15 Feb 2024 Common Stock 1 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of 2021 restricted stock unit performance award.
F2 Settlement of 2021 total shareholder return contingent shares award.
F3 Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of February 14, 2024.
F4 The security converts to common stock on a one-for-one basis.
F5 After termination of employment with PPG.
F6 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.