Director receives 432 RSUs at PPG (NYSE: PPG) vesting 2026 on April 15
Rhea-AI Filing Summary
PPG Industries director Todd M. Schneider reported an equity award of derivative securities. On January 14, 2026, he was granted 432 restricted stock units at a price of $0 per unit. Each restricted stock unit represents a contingent right to receive one share of PPG common stock.
The filing states that these restricted stock units will vest on April 15, 2026. Following this grant, Schneider beneficially owns 432 derivative securities directly, all in the form of these restricted stock units tied to PPG common stock.
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FAQ
What insider transaction did PPG (PPG) director Todd M. Schneider report?
Todd M. Schneider reported the grant of 432 restricted stock units of PPG Industries common stock on January 14, 2026, as disclosed on a Form 4.
How many restricted stock units did Todd M. Schneider receive from PPG (PPG)?
He received 432 restricted stock units, with the Form 4 showing 432 derivative securities beneficially owned following the reported transaction.
When do Todd M. Schneider’s PPG (PPG) restricted stock units vest?
The filing states that the restricted stock units vest on April 15, 2026, subject to the terms of the award.
What does each PPG (PPG) restricted stock unit represent for Todd M. Schneider?
Each restricted stock unit represents a contingent right to receive one share of PPG Industries common stock, as explained in the footnotes.
Was there a purchase price for the PPG (PPG) restricted stock units granted to Todd M. Schneider?
The Form 4 shows a transaction price of $0 per restricted stock unit, consistent with an equity award rather than an open-market purchase.
Is Todd M. Schneider’s ownership in PPG (PPG) from this award direct or indirect?
The Form 4 identifies the 432 restricted stock units as directly owned derivative securities by Todd M. Schneider.