PPG director granted 1,684 RSUs, 432 vest

PPG Industries director Todd M. Schneider reported routine equity compensation activity.

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Form Type

Rhea-AI Filing Summary

PPG Industries director Todd M. Schneider reported routine equity compensation activity. On April 16, 2026, he received a grant of 1,684 restricted stock units, each representing a contingent right to one share of PPG common stock, scheduled to vest on April 14, 2027.

On April 15, 2026, 432 previously granted restricted stock units vested and were exercised into 432 shares of common stock. Of these, 2 shares were withheld at a price of $107.72 per share to cover tax obligations. Following these transactions, he directly holds 530 shares of common stock and 1,684 restricted stock units.

Insider Trade Summary

432 shares exercised/converted

Exercise 4 txns

Insider Schneider Todd M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,684	$0.00	$0.00
Exercise	Restricted Stock Units	432	$0.00	$0.00
Exercise	Common Stock	432	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2	$107.72	$215.44

Holdings After Transaction: Restricted Stock Units — 1,684 contracts (Direct); Common Stock — 530 shares (Direct)

Footnotes (3)

F1. Upon the vesting of restricted stock units on April 15, 2026, which were granted to the reporting person on January 14, 2026, the reporting person is reporting the acquisition of 432 shares of common stock.
F2. Each restricted stock unit represents a contingent right to receive one share of PPG common stock.
F3. The restricted stock units vest on April 14, 2027.

Key Figures

RSUs granted: 1,684 restricted stock units RSUs vested and exercised: 432 restricted stock units Shares withheld for taxes: 2 shares at $107.72 per share +2 more

5 metrics

RSUs granted 1,684 restricted stock units Grant reported on April 16, 2026; each unit equals one share of common stock

RSUs vested and exercised 432 restricted stock units Vested and converted into 432 shares of common stock on April 15, 2026

Shares withheld for taxes 2 shares at $107.72 per share Tax-withholding disposition on April 15, 2026 related to RSU vesting

Common shares held after transactions 530 shares Direct ownership following April 15, 2026 transactions

Unvested RSUs outstanding 1,684 restricted stock units Scheduled to vest on April 14, 2027

Key Terms

Restricted Stock Units, contingent right, tax-withholding disposition, derivative security, +1 more

5 terms

Restricted Stock Units financial

"Upon the vesting of restricted stock units on April 15, 2026, which were granted"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share"

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vest financial

"The restricted stock units vest on April 14, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did PPG (PPG) director Todd M. Schneider receive?

Todd M. Schneider received a grant of 1,684 restricted stock units. Each unit represents a contingent right to one share of PPG common stock, scheduled to vest on April 14, 2027, providing future equity-based compensation if vesting conditions are satisfied.

What transactions did Todd M. Schneider report in this PPG (PPG) Form 4?

He reported vesting and exercise of 432 restricted stock units into 432 shares of PPG common stock and a new grant of 1,684 restricted stock units. The filing reflects routine equity compensation rather than open-market buying or selling activity.

How many PPG (PPG) shares does Todd M. Schneider hold after these transactions?

After these transactions, Todd M. Schneider directly holds 530 shares of PPG common stock. He also holds 1,684 restricted stock units, which are scheduled to vest on April 14, 2027, subject to the award’s vesting conditions being met.

Why were some PPG (PPG) shares withheld in Todd M. Schneider’s Form 4?

Two shares of PPG common stock were withheld at $107.72 per share to satisfy tax obligations related to the vesting of restricted stock units. This tax-withholding disposition is a standard, non-market mechanism and is not an open-market sale.

When do Todd M. Schneider’s new PPG (PPG) restricted stock units vest?

The newly granted 1,684 restricted stock units are scheduled to vest on April 14, 2027. Upon vesting, each unit is designed to convert into one share of PPG common stock, delivering equity compensation if Schneider remains eligible under award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/17/2026 - 01:40 PM EDT

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^*

Schneider Todd M.

(Last)

(First)

(Middle)

C/O PPG INDUSTRIES, INC.

ONE PPG PLACE

(Street)

PITTSBURGH

PENNSYLVANIA

15272

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		M		432	A	$0⁽¹⁾	532	D
Common Stock	04/15/2026		F		2	D	$107.72	530	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/15/2026		M			432	⁽¹⁾	⁽¹⁾	Common Stock	432	$0	0	D
Restricted Stock Units	⁽²⁾	04/16/2026		A		1,684		⁽³⁾	⁽³⁾	Common Stock	1,684	$0	1,684	D

Explanation of Responses:

1. Upon the vesting of restricted stock units on April 15, 2026, which were granted to the reporting person on January 14, 2026, the reporting person is reporting the acquisition of 432 shares of common stock.

2. Each restricted stock unit represents a contingent right to receive one share of PPG common stock.

3. The restricted stock units vest on April 14, 2027.

Remarks:

	/s/ Greg E. Gordon, Attorney-in-Fact for Todd M. Schneider	04/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR