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PPG (PPG) HR chief receives new stock options and 2,390 RSUs

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

Rhea-AI Filing Summary

Massy Robert L. reported acquisition or exercise transactions in this Form 4 filing.

PPG Industries senior vice president and chief HR officer Robert L. Massy received new equity awards in the form of employee stock options and restricted stock units. He was granted 9,161 employee stock options under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.

He was also granted 2,390 restricted stock units, each representing a contingent right to receive one share of PPG common stock. These restricted stock units are scheduled to vest on February 24, 2029, aligning his compensation with the long-term performance of PPG’s stock.

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*
Massy Robert L.

(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 and Chief HR Officer
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)
Code V Amount (A) or (D) Price
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
Employee Stock Options(1) $125.55 02/24/2026 A 9,161 02/24/2029 02/23/2036 Common Stock 9,161 $0 9,161 D
Restricted Stock Units (2) 02/24/2026 A 2,390 (3) (3) Common Stock 2,390 $0 2,390 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 Robert L. Massy 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.

FAQ

What insider equity awards were reported for PPG (PPG) in this filing?

The filing shows Robert L. Massy received 9,161 employee stock options and 2,390 restricted stock units. Both awards are part of his executive compensation and link his incentives to the future performance of PPG common stock over several years.

Who is the insider receiving stock options and RSUs at PPG (PPG)?

The insider is Robert L. Massy, PPG’s senior vice president and chief human resources officer. He received both employee stock options and restricted stock units as part of his compensation, aligning his financial interests with long-term shareholder value creation at PPG.

How many restricted stock units did Robert L. Massy receive from PPG (PPG)?

Robert L. Massy received 2,390 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of PPG common stock, providing long-term equity-based compensation that depends on his continued service and future vesting conditions.

When do Robert L. Massy’s PPG restricted stock units vest?

The restricted stock units granted to Robert L. Massy vest on February 24, 2029. This multi-year vesting schedule is designed to encourage long-term alignment with PPG’s performance and retention of the senior executive over that period.

Under what plan were the PPG (PPG) stock options granted to Robert L. Massy?

The employee stock options were granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. This plan provides equity-based awards to executives, linking part of their compensation to PPG’s share performance over time.

Do the restricted stock units equal PPG common shares for Robert L. Massy?

Each restricted stock unit represents a contingent right to receive one share of PPG common stock. Actual delivery of shares occurs only if the vesting conditions are satisfied, including the scheduled vesting date of February 24, 2029, described in the filing.
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Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
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