PPG SVP reports RSU vesting: 1,538 shares; 439 withheld

PPG Industries (PPG) senior vice president Juliane M. Hefel reported an equity award vesting and related share withholding.

Rhea-AI Filing Summary

PPG Industries (PPG) senior vice president Juliane M. Hefel reported an equity award vesting and related share withholding. On November 11, 2025, 1,538 shares of common stock were acquired upon the vesting of restricted stock units granted on November 11, 2022.

To cover taxes, 439 shares were withheld at a price of $95.91 per share. Following these transactions, Hefel directly owned 1,887 shares of PPG common stock.

Insider Trade Summary

1,538 shares exercised/converted

Exercise 3 txns

Insider Hefel Juliane M.

Role Sr. VP, Ind Coatings & Sp Prod

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,538	$0.00	$0.00
Exercise	Common Stock	1,538	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	439	$95.91	$42K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 1,887 shares (Direct)

Footnotes (1)

1. F1. Upon the vesting of restricted stock units on November 11, 2025, which were granted to the reporting person on November 11, 2022, the reporting person is reporting the acquisition of 1,538 shares of common stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PPG (PPG) report in this Form 4?

A senior vice president reported RSU vesting, acquiring 1,538 shares and tax withholding of 439 shares on November 11, 2025.

How many PPG shares did Juliane M. Hefel acquire via RSU vesting?

She acquired 1,538 shares of PPG common stock upon RSU vesting.

How many PPG shares were withheld for taxes and at what price?

439 shares were withheld at $95.91 per share to cover taxes.

What is Juliane M. Hefel’s role at PPG?

She is Sr. VP, Industrial Coatings & Specialty Products.

What are Juliane M. Hefel’s PPG holdings after these transactions?

She directly owned 1,887 shares following the reported transactions.

What was the transaction code for the RSU vesting?

Transaction code M for the acquisition upon RSU vesting; the tax withholding used code F.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/13/2025 - 10:07 AM EST Learn about SEC filing dates

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^*

Hefel Juliane 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, Ind Coatings & Sp Prod

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025

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	11/11/2025		M		1,538	A	$0(1)	2,326	D
Common Stock	11/11/2025		F		439	D	$95.91	1,887	D

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
Restricted Stock Units	$0(1)	11/11/2025		M			1,538	(1)	(1)	Common Stock	1,538	$0	0	D

Explanation of Responses:

1. Upon the vesting of restricted stock units on November 11, 2025, which were granted to the reporting person on November 11, 2022, the reporting person is reporting the acquisition of 1,538 shares of common stock.

Remarks:

	/s/ Greg E. Gordon, Attorney-in-Fact for Juliane M. Hefel	11/13/2025
	** 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.