Michael H. Mcgarry - Oct 1, 2023 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Role
Executive Chairman, Director
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Michael H. McGarry
Stock symbol
PPG
Transactions as of
Oct 1, 2023
Transactions value $
-$2,031,110
Form type
4
Date filed
10/3/2023, 02:09 PM
Previous filing
Oct 2, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPG Common Stock Options Exercise $0 +39.8K +20.32% $0.00 235K Oct 1, 2023 Direct F1
transaction PPG Common Stock Tax liability -$2.03M -15.6K -6.65% $129.80 220K Oct 1, 2023 Direct
holding PPG Common Stock 15.8K Oct 1, 2023 By 401(k) Plan F2

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 Restricted Stock Units Options Exercise $0 -39.8K -100% $0.00* 0 Oct 1, 2023 Common Stock 39.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael H. Mcgarry is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Upon the vesting of restricted stock units on October 1, 2023, which were granted to the reporting person on January 1, 2023, the reporting person is reporting the acquisition of 39,765 shares of common stock.
F2 Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of October 1, 2023.