PPG (PPG) senior VP corrects 565-share tax-withholding transaction in Form 4/A
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
PPG Industries senior vice president Kevin D. Braun filed an amended Form 4 to correct a prior tax-withholding entry. The filing reports a disposition of 565 shares of PPG common stock on February 18, 2026 at $128.25 per share to satisfy tax liability. After this tax-withholding transaction, Braun directly owned 7,753 PPG shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Braun Kevin D.
Role
Sr VP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 565 | $128.25 | $72K |
Holdings After Transaction:
Common Stock — 7,753 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PPG (PPG) report for Kevin D. Braun?
PPG reported that senior vice president Kevin D. Braun had 565 shares of common stock disposed of on February 18, 2026 at $128.25 per share to cover tax liability, leaving him with 7,753 directly owned shares afterward.
Why was this Form 4/A amendment filed for PPG (PPG)?
The amendment was filed to correct the number of shares that were withheld to satisfy tax liability. An administrative error caused the original Form 4, filed on February 20, 2026, to report an incorrect number of tax-withheld shares.
Was the PPG (PPG) insider transaction an open-market sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were withheld to pay tax liability, as indicated by transaction code F and the footnote explaining that the shares covered taxes rather than representing a discretionary sale.
What does transaction code F mean in the PPG (PPG) Form 4/A?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 565 PPG common shares were withheld on February 18, 2026 to satisfy tax obligations, rather than being sold in the open market.
What role does Kevin D. Braun hold at PPG (PPG)?
Kevin D. Braun is identified as a senior vice president of operations at PPG Industries. His position as an executive officer requires reporting changes in PPG common stock ownership, including tax-withholding dispositions like the corrected 565-share transaction reported in this Form 4/A.