Michael H. Mcgarry - 01 Oct 2023 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Michael H. McGarry
Issuer symbol
PPG
Transactions as of
01 Oct 2023
Net transactions value
-$2,031,110
Form type
4
Filing time
03 Oct 2023, 14:09:10 UTC
Previous filing
02 Oct 2023
Next filing
02 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPG Common Stock Options Exercise $0 +39,765 +20% $0.000000 235,471 01 Oct 2023 Direct F1
transaction PPG Common Stock Tax liability $2,031,110 -15,648 -6.6% $129.80 219,823 01 Oct 2023 Direct
holding PPG Common Stock 15,815 01 Oct 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 -39,765 -100% $0.000000* 0 01 Oct 2023 Common Stock 39,765 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.