PPG (PPG) executive corrects insider tax-withholding share count in Form 4/A

Rhea-AI Filing Summary

PPG Industries Inc. insider Anne M. Foulkes, Senior Vice President for Legal & Special Projects, filed an amended insider report correcting a prior administrative error. The Form 4/A now shows a disposition of 1,424 shares of common stock at $128.25 per share to cover tax liability. After this tax-withholding transaction, she directly owned 19,235 common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Foulkes Anne M.

(Last) (First) (Middle)

PPG INDUSTRIES, INC.

ONE PPG PLACE

(Street)

PITTSBURGH PA 15272

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PPG INDUSTRIES INC [ PPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP, Legal & Spl. Projects

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		F		1,424(1)	D	$128.25	19,235	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This amendment is filed to correct the number of shares withheld for tax liability which, due to an administrative error, was incorrectly reported on Form 4 filed on February 20, 2026.

Remarks:

	/s/ Greg E. Gordon, Attorney-in-Fact for Anne M. Foulkes	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider activity did PPG (PPG) report in this Form 4/A amendment?

PPG reported an amended Form 4/A for executive Anne M. Foulkes. It corrects the number of common shares withheld to satisfy tax liability related to equity compensation, rather than reflecting an open-market purchase or sale of stock.

How many PPG (PPG) shares were disposed of in the amended filing?

The amended filing shows a disposition of 1,424 shares of PPG common stock. These shares were withheld to cover tax liability, rather than being sold on the open market, and were coded as a tax-withholding transaction.

At what price were the PPG (PPG) shares valued in this tax-withholding transaction?

The shares in the tax-withholding disposition were valued at $128.25 per share. This price is used to calculate the value of shares withheld to satisfy the reporting person’s tax obligation associated with the underlying equity award.

How many PPG (PPG) shares does Anne M. Foulkes hold after the amended transaction?

Following the corrected tax-withholding disposition, Anne M. Foulkes directly holds 19,235 shares of PPG common stock. This figure reflects her remaining direct ownership after 1,424 shares were withheld to cover the related tax liability.

Why was this PPG (PPG) insider Form 4/A filed as an amendment?

The Form 4/A was filed to correct the number of shares withheld for tax liability. A footnote explains an administrative error caused the original Form 4 filed on February 20, 2026 to misstate the withheld share count.

What does transaction code F mean in the PPG (PPG) Form 4/A filing?

Transaction code F in the filing denotes payment of exercise price or tax liability by delivering securities. Here, it indicates PPG shares were withheld from Anne M. Foulkes to satisfy tax obligations tied to an equity award.