PPG Industries (NYSE: PPG) grants CEO large option and RSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KNAVISH TIMOTHY M reported acquisition or exercise transactions in this Form 4 filing.

PPG Industries Chairman and CEO Timothy M. Knavish reported equity awards that increase his potential future ownership in the company. He received 106,871 employee stock options at a stated price of $0.00 per option, granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.

He was also granted 27,879 restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of PPG common stock. These RSUs are scheduled to vest on February 24, 2029, aligning his long-term incentives with the company’s performance over the coming years.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider KNAVISH TIMOTHY M

Role Chairman and CEO

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Options	106,871	$0.00	--
Grant/Award	Restricted Stock Units	27,879	$0.00	--

Holdings After Transaction: Employee Stock Options — 106,871 shares (Direct); Restricted Stock Units — 27,879 shares (Direct)

Footnotes (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 →

Accepted by SEC EDGAR 02/26/2026 - 02:33 PM

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^*

KNAVISH TIMOTHY M

(Last)

(First)

(Middle)

PPG INDUSTRIES, INC.

ONE PPG PLACE

(Street)

PITTSBURGH

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)

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

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)
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)

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)
Employee Stock Options⁽¹⁾	$125.55	02/24/2026		A		106,871		02/24/2029	02/23/2036	Common Stock	106,871	$0	106,871	D
Restricted Stock Units	⁽²⁾	02/24/2026		A		27,879		⁽³⁾	⁽³⁾	Common Stock	27,879	$0	27,879	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 Timothy M. Knavish	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 equity awards did PPG (PPG) CEO Timothy Knavish receive?

Timothy M. Knavish received 106,871 employee stock options and 27,879 restricted stock units. The options were granted under PPG’s Amended and Restated Omnibus Incentive Plan, while each RSU represents a contingent right to one share of PPG common stock upon vesting.

When do Timothy Knavish’s new PPG restricted stock units vest?

The 27,879 restricted stock units granted to Timothy M. Knavish are scheduled to vest on February 24, 2029. Vesting means he can then receive shares of PPG common stock, tying his compensation to the company’s longer-term performance over that period.

How many employee stock options were granted to the PPG CEO?

Timothy M. Knavish was granted 106,871 employee stock options. These options were issued under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan, providing him with the right to buy PPG common stock according to the plan’s terms and conditions.

What does each PPG restricted stock unit granted to the CEO represent?

Each of the 27,879 restricted stock units represents a contingent right to receive one share of PPG common stock. This means Knavish will receive actual PPG shares only if the RSUs vest, aligning his compensation with PPG’s share performance and retention goals.

Are Timothy Knavish’s new PPG equity awards reported as direct ownership?

Yes, both the employee stock options and restricted stock units are reported as directly owned by Timothy M. Knavish. The filing classifies the ownership type as direct, indicating these awards are tied personally to him rather than an indirect entity or trust.