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PPG (PPG) SVP reports stock award and tax-related share disposal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.
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*
Foulkes Anne M.

(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, Legal & Spl. Projects
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
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
Common Stock 02/18/2026 A(1) 4,865 A $0(1) 20,659 D
Common Stock 02/18/2026 F 1,271 D $128.25 19,388 D
Common Stock 6,511.8(2) I By 401(k) plan
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
Explanation of Responses:
1. Settlement of 2023 restricted stock unit performance award.
2. 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.
Remarks:
/s/ Greg E. Gordon, Attorney-in-Fact for Anne M. Foulkes 02/20/2026
** 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.

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.

How many PPG (PPG) shares did Anne M. Foulkes own after the Form 4 transactions?

After the reported transactions, Anne M. Foulkes directly held 19,388 PPG common shares. She also had 6,511.8 additional shares held indirectly through the PPG Industries Employee Savings Plan as of February 18, 2026.

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.
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PPG Stock Data

22.85B
223.46M
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
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United States
PITTSBURGH