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PPG (PPG) senior VP gets 1,830-share award, 478 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PPG Industries senior vice president Chancey E. Hagerty reported equity compensation activity involving company common stock. On February 18, 2026, he acquired 1,830 shares through settlement of a 2023 restricted stock unit performance award. On the same date, 478 shares were disposed of at $128.25 per share to cover tax obligations, a non‑market transaction. Following these activities, he directly held 9,829 shares of PPG common stock and had an additional 2,502.69 shares held indirectly in an employer 401(k) plan as of that date.

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Insider Hagerty Chancey E.
Role Sr. VP, Auto. Refinish Ctgs.
Type Security Shares Price Value
Grant/Award Common Stock 1,830 $0.00 --
Tax Withholding Common Stock 478 $128.25 $61K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 10,307 shares (Direct); Common Stock — 2,502.69 shares (Indirect, Employer 401(k) Plan)
Footnotes (1)
  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.
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Form 4 Insider Transactions: What Each Field Means →
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*
Hagerty Chancey E.
(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, Auto. Refinish Ctgs.
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) 1,830 A $0(1) 10,307 D
Common Stock 02/18/2026 F 478 D $128.25 9,829 D
Common Stock 2,502.69(2) I Employer 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 Chancey E. Hagerty 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PPG (PPG) report for Chancey E. Hagerty?

PPG reported that Chancey E. Hagerty received a grant of 1,830 common shares from a 2023 restricted stock unit performance award, and 478 shares were withheld at $128.25 per share to satisfy tax obligations related to this equity compensation event.

Was the PPG (PPG) insider transaction an open-market buy or sell?

The filing shows no open-market buy or sell. Hagerty acquired 1,830 shares via an equity award and 478 shares were disposed of solely to cover tax liabilities, a non-market withholding rather than a discretionary purchase or sale of PPG common stock.

How many PPG (PPG) shares does Chancey E. Hagerty hold after these transactions?

After the reported transactions, Hagerty directly held 9,829 shares of PPG common stock. He also had 2,502.69 additional shares held indirectly through an employer 401(k) plan, reflecting retirement-plan holdings separate from his directly owned common stock position.

What does the 1,830-share award in the PPG (PPG) Form 4 represent?

The 1,830-share award represents settlement of a 2023 restricted stock unit performance award. This means previously granted performance-based RSUs vested and converted into common shares, increasing Hagerty’s direct ownership without an associated purchase price per share.

Why were 478 PPG (PPG) shares disposed of in the insider filing?

The 478 shares were disposed of at $128.25 per share to pay tax liabilities tied to the equity award. This tax-withholding disposition delivers shares back to the issuer or plan administrator instead of cash, rather than reflecting an open-market sale decision.

How are Hagerty’s PPG (PPG) 401(k) shares reported in the Form 4?

The Form 4 reports 2,502.69 shares held indirectly in an employer 401(k) plan as of February 18, 2026. These retirement-plan shares are disclosed as indirect ownership, separate from Hagerty’s directly held 9,829 common shares recorded after the equity award and tax withholding.