PPG (PPG) SVP reports stock award and tax-related share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PPG Industries senior vice president Anne M. Foulkes reported equity compensation changes in company common stock. She acquired 4,865 shares at no cost through the settlement of a 2023 restricted stock unit performance award, increasing her directly held stake.
On the same date, 1,271 shares were disposed of at $128.25 per share to satisfy tax withholding obligations associated with the award, a common non‑cash administrative transaction rather than an open‑market sale. After these changes, she directly owned 19,388 shares and had an additional 6,511.8 shares held 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
Foulkes Anne M.
Role
Sr. VP, Legal & Spl. Projects
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,865 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,271 | $128.25 | $163K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,659 shares (Direct);
Common Stock — 6,511.8 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) report for Anne M. Foulkes?
Anne M. Foulkes reported receiving 4,865 PPG common shares from a 2023 restricted stock unit performance award. On the same date, 1,271 shares were disposed of at $128.25 per share to cover tax withholding obligations from that equity award.
Was the PPG (PPG) Form 4 transaction an open-market stock sale?
The Form 4 shows a tax-withholding disposition of 1,271 PPG shares at $128.25, coded “F.” This indicates shares were used to pay tax liabilities on an award, not a discretionary open-market share sale by the executive.
What equity award did Anne M. Foulkes receive according to the PPG (PPG) Form 4?
She received 4,865 PPG common shares at no cost as settlement of a 2023 restricted stock unit performance award. This award increased her direct ownership stake before accounting for shares later disposed of for tax withholding.
How is the PPG (PPG) Employee Savings Plan reflected in this Form 4 filing?
The filing reports 6,511.8 PPG shares held for Anne M. Foulkes in her PPG Industries Employee Savings Plan account. This indirect ownership amount is stated as of February 18, 2026, separate from her directly owned common shares.