PPG Industries (NYSE: PPG) VP corrects tax withholding of 255 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
PPG Industries vice president and controller Brian Richard Williams filed an amended insider report to correct a prior tax-related share withholding entry. The Form 4/A shows a tax-withholding disposition of 255 shares of common stock on February 18, 2026 at $128.25 per share, used to cover tax liability rather than an open-market sale. After this correction, Williams directly owns 3,179 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Brian Richard
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 255 | $128.25 | $33K |
Holdings After Transaction:
Common Stock — 3,179 shares (Direct)
Footnotes (1)
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FAQ
What does the PPG (PPG) Form 4/A filed for Brian Richard Williams report?
The Form 4/A reports a correction to a prior insider filing, showing 255 PPG common shares were withheld on February 18, 2026 at $128.25 per share to satisfy tax liability, rather than reflecting an open-market transaction.
Is the PPG Form 4/A for Brian Richard Williams a stock sale in the market?
No, the Form 4/A describes a tax-withholding disposition, not an open-market sale. The 255 shares of PPG common stock were withheld by the company to cover Williams’ tax liability associated with an equity transaction on February 18, 2026.
Why was an amended Form 4/A necessary for PPG executive Brian Richard Williams?
The amendment was necessary because an administrative error caused the original Form 4 to misreport the number of shares withheld for tax liability. Form 4/A now correctly shows 255 PPG common shares used for tax withholding on February 18, 2026.
What transaction code is used in the PPG Form 4/A for Brian Richard Williams?
The filing uses transaction code F, indicating shares were disposed of to pay an exercise price or tax liability. In this case, 255 PPG common shares were withheld at $128.25 per share to satisfy Williams’ tax obligations on an equity-related event.