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PPG (NYSE: PPG) senior VP awarded new stock options and RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PPG Industries senior vice president Chancey E. Hagerty reported equity awards under the company’s Amended and Restated Omnibus Incentive Plan. He received employee stock options covering 11,451 shares and 2,987 restricted stock units, both recorded as acquisitions of derivative securities at a stated price of $0.00 per unit.

Each restricted stock unit represents a contingent right to receive one share of PPG common stock and is scheduled to vest on February 24, 2029. These awards increase Hagerty’s directly held derivative positions to 11,451 stock options and 2,987 restricted stock units.

Positive

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Negative

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Insider Hagerty Chancey E.
Role Sr. VP, Auto. Refinish Ctgs.
Type Security Shares Price Value
Grant/Award Employee Stock Options 11,451 $0.00 --
Grant/Award Restricted Stock Units 2,987 $0.00 --
Holdings After Transaction: Employee Stock Options — 11,451 shares (Direct); Restricted Stock Units — 2,987 shares (Direct)
Footnotes (1)
  1. Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of PPG common stock. The restricted stock units vest on February 24, 2029.
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Form 4 Insider Transactions: What Each Field Means →
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Hagerty Chancey E.
(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, Auto. Refinish Ctgs.
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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
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
Employee Stock Options(1) $125.55 02/24/2026 A 11,451 02/24/2029 02/23/2036 Common Stock 11,451 $0 11,451 D
Restricted Stock Units (2) 02/24/2026 A 2,987 (3) (3) Common Stock 2,987 $0 2,987 D
Explanation of Responses:
1. Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
2. Each restricted stock unit represents a contingent right to receive one share of PPG common stock.
3. The restricted stock units vest on February 24, 2029.
Remarks:
/s/ Greg E. Gordon, Attorney-in-Fact for Chancey E. Hagerty 02/26/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PPG (PPG) report for Chancey E. Hagerty?

PPG reported that senior vice president Chancey E. Hagerty received grants of employee stock options and restricted stock units. The filing shows 11,451 options and 2,987 restricted stock units awarded under the company’s omnibus incentive plan, increasing his directly held derivative equity awards.

How many stock options were granted to the PPG executive in this Form 4?

The PPG executive received 11,451 employee stock options in this transaction. These options were granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan and are recorded as a derivative security position held directly by Chancey E. Hagerty after the grant.

What restricted stock unit award did PPG (PPG) grant to Chancey E. Hagerty?

PPG granted 2,987 restricted stock units to Chancey E. Hagerty. Each restricted stock unit represents a contingent right to receive one share of PPG common stock, increasing his total directly held restricted stock units to 2,987 following the reported award.

When do Chancey E. Hagerty’s PPG restricted stock units vest?

The restricted stock units reported for Chancey E. Hagerty are scheduled to vest on February 24, 2029. Vesting means he becomes entitled to receive PPG common shares underlying the units, subject to any applicable service or performance conditions set by the company.

Are the PPG equity awards to Chancey E. Hagerty open-market purchases or grants?

The equity awards are grants, not open-market purchases. The Form 4 uses transaction code "A" indicating a grant, award, or other acquisition, with a stated price of $0.00 per unit, reflecting compensation rather than a cash purchase on the market.