PPG (PPG) vice president logs RSU share award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PPG Industries vice president and controller Brian Richard Williams reported equity compensation activity involving company common stock. He acquired 756 shares through settlement of a 2023 restricted stock unit performance award, and 197 shares were disposed of to cover tax withholding at a price of $128.25 per share. Following these transactions, he held 3,237 shares directly and 2,291.99 shares indirectly through the PPG Industries Employee Savings Plan as of February 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Williams Brian Richard
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 756 | $0.00 | -- |
| Tax Withholding | Common Stock | 197 | $128.25 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,434 shares (Direct);
Common Stock — 2,291.99 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Settlement of 2023 restricted stock unit performance award. Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of February 18, 2026.
FAQ
What insider transactions did PPG (PPG) executive Brian Richard Williams report?
Brian Richard Williams reported equity compensation-related transactions in PPG common stock. He received 756 shares from settlement of a 2023 restricted stock unit performance award, and 197 shares were withheld and disposed of to satisfy tax obligations at $128.25 per share.
Was the PPG (PPG) Form 4 transaction an open-market buy or sell?
The reported PPG transactions were not open-market buys or sells. Shares were acquired via settlement of a 2023 restricted stock unit performance award, and a portion was disposed of to cover tax withholding, which is a routine equity compensation and tax-settlement mechanism.
What does the restricted stock unit performance award mean for PPG (PPG) insider holdings?
The restricted stock unit performance award increased the insider’s direct PPG holdings. Settlement of the 2023 award granted 756 common shares, while 197 shares were simultaneously used to cover tax withholding, aligning with typical equity incentive and tax compliance practices for senior executives.
How was the tax liability handled in the PPG (PPG) Form 4 transaction?
Tax liability was satisfied by disposing of 197 PPG shares at $128.25 per share. This disposition was coded as a tax-withholding transaction, meaning shares from the equity award were withheld and delivered to cover taxes instead of being sold on the open market.
What does indirect ownership through the PPG Industries Employee Savings Plan indicate?
Indirect ownership indicates shares held in a plan account rather than directly in the insider’s brokerage account. For PPG, 2,291.99 shares were held for Brian Richard Williams in the PPG Industries Employee Savings Plan as of February 18, 2026, reflecting his retirement-related investment in company stock.