What was the value per share of the PPG (PPG) tax-withholding disposition?

The tax-withholding disposition for Timothy M. Knavish involved 9,886 PPG common shares at a transaction price of $128.25 per share. This transaction was specifically identified as payment of tax liability by delivering securities, not an open-market sale.

PPG (PPG) CEO Knavish receives share award and withholds stock for taxes

Filing Impact

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Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PPG Industries Chairman and CEO Timothy M. Knavish acquired 25,408 shares of common stock on a grant/award basis at $0.0000 per share, described as settlement of a 2023 restricted stock unit performance award. On the same February 18, 2026, he disposed of 9,886 shares at $128.25 per share to cover tax liabilities through a tax-withholding disposition. After these transactions, he held 56,905 shares of common stock directly. An additional 5,388.54 shares were held indirectly in his account in the PPG Industries Employee Savings Plan as of February 18, 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider KNAVISH TIMOTHY M

Role Chairman and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	25,408	$0.00	--
Tax Withholding	Common Stock	9,886	$128.25	$1.27M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 66,791 shares (Direct); Common Stock — 5,388.54 shares (Indirect, By 401(k) Plan)

Footnotes (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 →

Accepted by SEC EDGAR 02/20/2026 - 02:13 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)
02/18/2026

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)
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)
Common Stock	02/18/2026		A⁽¹⁾		25,408	A	$0⁽¹⁾	66,791	D
Common Stock	02/18/2026		F		9,886	D	$128.25	56,905	D
Common Stock								5,388.54⁽²⁾	I	By 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)
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)

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 Timothy M. Knavish	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) CEO Timothy M. Knavish report?

Timothy M. Knavish reported receiving 25,408 PPG common shares as a grant tied to a 2023 restricted stock unit performance award and disposing of 9,886 shares at $128.25 per share in a tax-withholding transaction on February 18, 2026.

Was the PPG (PPG) CEO’s Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows no open-market buy or sell. Knavish’s 25,408-share increase came from a grant/award, and the 9,886-share reduction was a tax-withholding disposition to satisfy tax obligations, not a discretionary market trade.

How many PPG (PPG) shares does CEO Timothy M. Knavish hold after these transactions?

After the reported Form 4 transactions, Knavish directly held 56,905 PPG common shares. He also had 5,388.54 shares held indirectly in his account within the PPG Industries Employee Savings Plan as of February 18, 2026.

What does the restricted stock unit settlement mean for PPG (PPG) CEO ownership?

Settlement of the 2023 restricted stock unit performance award granted Knavish 25,408 PPG common shares for $0.0000 per share. This award increased his direct ownership stake, reflecting earned equity compensation rather than a cash purchase of shares.