PPG CEO gets stock award, withholds shares for tax
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.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,408 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,886 | $128.25 | $1.27M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Settlement of 2023 restricted stock unit performance award.
- F2. 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.
FAQ
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Was the PPG (PPG) CEO’s Form 4 transaction an open-market stock purchase or sale?
What does the restricted stock unit settlement mean for PPG (PPG) CEO ownership?
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