PPG Industries (PPG) Form 4 Filings

PPG Industries reported an insider compensation-related transaction involving senior vice president, Automotive Coatings, Alisha E. Bellezza. On 12/15/2025 she acquired 18.7019 phantom stock units linked one-for-one to PPG common stock in the company’s Deferred Compensation Plan at a price of $103.72 per unit.

After this grant, Bellezza beneficially owns 136.5546 phantom stock units in the plan. These units represent interests in an unfunded unitized company stock fund made up of PPG stock and cash, and the number of units may change over time based on the fair market value of PPG common stock and the amount of cash in the fund, without further action by her.

PPG Industries disclosed an insider equity transaction by Senior VP & CFO Vincent J. Morales. On 12/12/2025, he acquired 174.1504 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan at a price of $103.54 per unit. The security converts to common stock on a one-for-one basis after termination of employment with PPG and represents interests in an unfunded unitized company stock fund comprised of stock and cash. Following this transaction, Morales beneficially owns 27,465.9217 phantom stock units in the plan, with the number of units able to change over time based on the fund’s value.

PPG Industries senior vice president and chief HR officer Robert L. Massy reported a small change in his deferred equity holdings. He filed that on 12/12/2025 he acquired 0.6092 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan at a derivative security price of $103.54.

After this transaction, he beneficially owns 133.4861 phantom stock units, held directly in the plan. Each phantom stock unit is designed to convert into one share of PPG common stock after termination of employment, and the total units can change over time with the stock price and cash in the plan’s unitized company stock fund.

PPG Industries chairman and CEO Timothy M. Knavish reported acquiring additional phantom stock units through the company’s Deferred Compensation Plan. On 12/12/2025 he acquired 77.3375 phantom stock units linked to PPG common stock at a price of $103.54 per unit.

Each phantom stock unit converts into one share of PPG common stock after his employment with PPG ends. Following this transaction, he holds a total of 12,257.4683 phantom stock units in the plan, which represent interests in an unfunded unitized company stock fund of stock and cash whose attributed share count can change with the fair market value of PPG common stock and the amount of cash in the fund.

PPG Industries, Inc. reported that senior vice president Juliane M. Hefel acquired 1.0372 phantom stock units on 12/12/2025 under the PPG Industries, Inc. Deferred Compensation Plan at $103.54 per unit.

Each phantom stock unit converts into one share of common stock, with conversion occurring after termination of employment with PPG. Following this transaction, she beneficially owns 196.9197 phantom stock units, which represent interests in an unfunded unitized company stock fund comprised of stock and cash.

PPG Industries senior vice president Chancey E. Hagerty reported a small change in deferred equity compensation tied to the company’s stock. On December 12, 2025, Hagerty acquired 0.7351 phantom stock units, each linked one-for-one to PPG common stock, at an indicated price of $103.54 per unit. After this transaction, Hagerty held a total of 153.1414 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan. These units convert into common shares on a one-for-one basis after termination of employment and reflect an interest in a unitized company stock fund made up of PPG stock and cash.

PPG Industries, Inc. reported that its Senior Vice President and General Counsel, Anne M. Foulkes, acquired additional phantom stock units tied to the company’s common stock on 12/12/2025. The transaction involved 4.3341 phantom stock units at a price of $103.54 per unit, bringing her total holdings in these units to 722.0464, held directly.

The phantom stock units convert into PPG common stock on a one-for-one basis after termination of employment with PPG. They are held in the PPG Industries, Inc. Deferred Compensation Plan, where the units represent interests in an unfunded unitized company stock fund made up of stock and cash. The number of units attributed to her can change over time based on the fair market value of PPG’s common stock and the amount of cash in the fund.

PPG Industries executive Amy R. Ericson reported a small change in her deferred compensation tied to company stock. On 12/12/2025, she acquired 1.0394 phantom stock units linked to PPG common stock at $103.85 per unit, bringing her directly held balance in the PPG Industries, Inc. Deferred Compensation Plan to 197.384 phantom stock units.

The phantom stock units convert into common stock on a one-for-one basis after termination of employment with PPG. They represent interests in an unfunded company stock fund made up of stock and cash, so the number of shares attributed to her may change over time as PPG’s share price and the cash level in the fund fluctuate.

PPG Industries Inc reported an insider equity transaction by its Senior Vice President, Operations. On 12/12/2025, the executive acquired 4.6132 phantom stock units linked to PPG common stock at $103.54 per unit under the PPG Industries, Inc. Deferred Compensation Plan.

After this grant, the executive beneficially owned 777.9802 phantom stock units in the plan. Each phantom unit is designed to convert into one share of common stock after termination of employment, and the number of units attributed to the participant can change over time with the fair market value of PPG common stock and the amount of cash in the plan’s stock fund.

PPG Industries reported an insider equity change involving Senior Vice President, Automotive Coatings, Alisha E. Bellezza. On 12/12/2025 she acquired 0.4838 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan at a price of $103.54 per unit.

Following this transaction, Bellezza beneficially owned 117.8527 phantom stock units, held directly. These units convert into PPG common stock on a one-for-one basis after termination of employment, and the balance can change over time based on the fair market value of the stock and the amount of cash in the plan’s unitized company stock fund.

PPG Industries director Leon J. Topalian reported acquiring additional phantom stock units tied to PPG common stock. On 12/12/2025, he acquired 8.356 phantom stock units, a type of derivative security that tracks the value of PPG stock and cash in an unfunded company stock fund.

Following this transaction, he beneficially owns a total of 16.1152 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan for Directors. Each unit converts into one share of PPG common stock on a one-for-one basis after his termination of service as a director, so the economic value of these units will fluctuate with PPG’s share price and the cash held in the fund.

PPG Industries director Chris Roberts III reported an acquisition of derivative securities linked to company stock. On 12/12/2025, he acquired 28.5338 phantom stock units at a price of $103.54 per unit under the PPG Industries, Inc. Deferred Compensation Plan for Directors, bringing his total holdings in this plan to 2,123.0251 phantom stock units.

The phantom stock units convert into PPG Industries common stock on a one-for-one basis after his service as a director ends. These units represent interests in an unfunded unitized company stock fund made up of PPG common stock and cash, so the number of shares attributed to him can change over time based on the fair market value of the stock and the amount of cash in the fund.

PPG Industries director Guillermo Novo reported an insider equity-based compensation transaction involving phantom stock units linked to PPG common shares. On 12/12/2025, he acquired 81.8134 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan for Directors, with the price of the derivative security stated as $103.54.

Each phantom stock unit converts into one share of PPG common stock after his service as a director ends. Following this transaction, Novo beneficially owns 10,444.0055 phantom stock units in the plan on a direct basis. These units represent interests in an unfunded unitized company stock fund made up of PPG stock and cash, and the number of units attributed to him can change over time based on the fair market value of the common stock and the amount of cash in the fund.

PPG Industries Inc. director and reporting person Michael Nally reported an acquisition of additional deferred phantom stock units tied to the company’s common stock. On 12/12/2025, a Form 4 transaction coded "A" recorded the purchase of 75.3962 phantom stock units at a reference price of $103.54 per unit.

Each phantom stock unit is designed to convert into one share of common stock after the reporting person’s service as a director ends. Following this transaction, the reporting person holds a total of 8,360.7502 phantom stock units in the PPG Industries Inc. Deferred Compensation Plan for Directors.

The phantom units represent interests in an unfunded unitized company stock fund that includes PPG common stock and cash. The number of shares attributed to the participant can change over time without the participant’s action, based on movements in the fair market value of PPG’s common stock and the amount of cash in the fund.

PPG Industries director Kathleen A. Ligocki reported acquiring 64.3567 phantom stock units linked to PPG common stock on 12/12/2025. Each unit converts into one share of common stock, giving her additional economic exposure to the company’s share price.

The phantom stock units are credited under the PPG Industries, Inc. Deferred Compensation Plan for Directors at a reference price of $103.54 per unit. After this transaction, Ligocki beneficially owns a total of 6,891.2789 phantom stock units, held directly, which convert into common stock after her service as a director ends.

PPG Industries director Michael W. Lamach reported an acquisition of derivative securities tied to the company’s stock. On 12/12/2025, he acquired 117.6469 phantom stock units at a price of $103.54 per unit under the PPG Industries, Inc. Deferred Compensation Plan for Directors. These phantom stock units convert into common stock on a one-for-one basis after his service as a director ends. Following this transaction, he beneficially owned 13,984.4963 phantom stock units, which represent interests in an unfunded unitized company stock fund composed of PPG stock and cash, and the number of units attributed to him may change over time based on the fair market value of the stock and the cash in the fund.

PPG Industries Inc. director Gary R. Heminger acquired 93.8021 phantom stock units on 12/12/2025 at a price of $103.54 per unit under the company’s Deferred Compensation Plan for Directors. Each phantom stock unit is tied to PPG common stock on a one-for-one basis and is generally payable after his service as a director ends. Following this award, he beneficially owns a total of 10,810.6499 phantom stock units credited to the plan, giving him additional equity-linked exposure to PPG’s share value through the plan’s unfunded, unitized company stock fund.

PPG Industries director Melanie Healey reported an acquisition of phantom stock units tied to PPG common stock. On 12/12/2025 she acquired 43.1024 phantom stock units at $103.54 each, bringing her total holdings in the PPG Industries, Inc. Deferred Compensation Plan for Directors to 4,062.2161 phantom stock units.

The phantom stock units convert into PPG common stock on a one-for-one basis after her service as a director ends. They represent interests in an unfunded unitized company stock fund made up of PPG stock and cash, so the number of units attributed to her can change over time with movements in the fair market value of PPG common stock and the amount of cash in the fund.

PPG Industries Inc. reported that director Kathy Lynn Fortmann acquired 31.4774 phantom stock units tied to its common stock on 12/12/2025 under the PPG Industries, Inc. Deferred Compensation Plan for Directors. These phantom stock units convert to common stock on a one-for-one basis after her service as a director ends and are recorded at a price of $ 103.54. Following this transaction, she beneficially owns 2,849.091 phantom stock units, held directly in the plan, which represent interests in an unfunded unitized company stock fund comprised of stock and cash.

PPG Industries, Inc. Senior VP and CFO Vincent J. Morales reported a routine compensation-related transaction involving phantom stock units tied to the company’s common stock. On 11/28/2025, he acquired 15.93 phantom stock units at $100.04 per unit in the PPG Industries, Inc. Deferred Compensation Plan. These phantom units track the value of PPG common shares and convert into common stock on a one-for-one basis after termination of employment with PPG. Following this transaction, Morales beneficially owned a total of 27,291.7713 phantom stock units in the plan, all held in direct form.

PPG Industries reported a routine insider compensation transaction involving its Senior Vice President and Chief Human Resources Officer. On 11/28/2025, the officer acquired 17.3934 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan at a derivative security price of $100.04. After this transaction, the officer beneficially owned 132.8769 phantom stock units on a direct basis.

The phantom stock units are tied to PPG common stock on a one-for-one conversion basis and are designed to be converted into common stock after termination of employment with PPG. These units represent interests in an unfunded company stock fund comprised of stock and cash, and the number of units can change over time based on the fair market value of PPG common stock and the cash level in the fund.

PPG Industries, Inc. Chairman and CEO, who is also a director, reported an insider transaction involving phantom stock units under a deferred compensation plan. On 11/28/2025, the reporting person acquired 27.8071 phantom stock units linked to PPG common stock at a reference price of $100.04 per share.

After this transaction, the executive beneficially owned a total of 12,180.1308 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan. These units are designed to convert into PPG common stock on a one-for-one basis after termination of employment and represent interests in an unfunded company stock fund made up of stock and cash, whose value can change with PPG’s share price and cash levels in the fund.

PPG Industries, Inc. senior vice president for Industrial Coatings & Specialty Products, Juliane M. Hefel, reported a change in her deferred compensation holdings. On 11/28/2025, she acquired 15.4735 phantom stock units tied to PPG common stock at a price of $100.04 per unit through the company’s Deferred Compensation Plan. Following this transaction, she held a total of 195.8825 phantom stock units in the plan. These phantom stock units are book-entry interests in an unfunded unitized company stock fund that tracks PPG’s stock and cash, and the number of units can change over time based on the fund’s value.

PPG Industries senior vice president Chancey E. Hagerty reported a change in holdings under the company’s deferred compensation plan. On 11/28/2025, the reporting person acquired 17.2947 phantom stock units, each of which converts into one share of PPG common stock on a one-for-one basis. The units were valued at $100.04 per underlying share at the time of the transaction, and the reporting person held a total of 152.4063 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan after this transaction. These phantom units are an interest in an unfunded company stock fund that tracks PPG’s stock and cash, and the attributed number of shares can change over time with the stock’s fair market value and cash in the fund.

PPG Industries executive reports new phantom stock units in deferred plan. Anne M. Foulkes, Senior Vice President and General Counsel of PPG Industries Inc., filed a Form 4 for a derivative equity transaction dated 11/28/2025. She acquired 17.9076 phantom stock units at $100.04 per unit under the PPG Industries, Inc. Deferred Compensation Plan.

Following this transaction, she beneficially owned 717.7123 phantom stock units, held directly. Each phantom stock unit converts into one share of PPG common stock, with conversion occurring after termination of employment with PPG. These units represent interests in an unfunded company stock fund whose value can change with PPG's stock price and cash in the fund.

PPG Industries, Inc. officer reports phantom stock transaction

Amy R. Ericson, Senior Vice President, P&M Coatings of PPG Industries, Inc., filed a Form 4 reporting an acquisition of phantom stock units tied to PPG common stock. On 11/28/2025, she acquired 15.5641 phantom stock units at a price of $100.04 per underlying share, increasing her total holdings in the PPG Industries, Inc. Deferred Compensation Plan to 196.3446 phantom stock units.

Each phantom stock unit converts into one share of PPG common stock on a one-for-one basis after termination of employment with PPG. These units represent interests in an unfunded unitized company stock fund made up of PPG stock and cash, and the number of units attributed to her may change over time as the fund’s value changes.

PPG Industries senior vice president of operations Kevin D. Braun reported an acquisition of phantom stock units tied to the company’s common stock. On 11/28/2025, he acquired 26.5104 phantom stock units at a price of $100.04 per unit under the PPG Industries, Inc. Deferred Compensation Plan. Following this transaction, he beneficially owned a total of 773.367 phantom stock units in the plan, held directly.

Each phantom stock unit converts into one share of PPG common stock after termination of employment with PPG. These units represent an interest in an unfunded unitized company stock fund made up of stock and cash, so the number of units attributed to him can change over time based on the market value of PPG’s stock and the cash balance in the fund.

PPG Industries, Inc. officer Alisha E. Bellezza, Senior Vice President of Automotive Coatings, reported acquiring 19.3332 phantom stock units on 11/28/2025 under the company’s deferred compensation plan. Each phantom stock unit is designed to convert into one share of PPG common stock after termination of employment. Following this transaction, Bellezza beneficially held a total of 117.3689 phantom stock units. The units are valued based on a unit price of $100.04 and represent interests in an unfunded company stock fund made up of PPG stock and cash, so the attributed number of units can change over time with movements in the stock price and cash balance.

PPG Industries, Inc. insider activity: A senior vice president and chief financial officer of PPG Industries reported an acquisition of 28.8881 phantom stock units on 11/14/2025 at a price of $97.03 per unit under the company’s Deferred Compensation Plan. After this transaction, the officer beneficially held a total of 27,292.2784 phantom stock units in the plan.

The phantom stock units are designed to mirror PPG common stock on a one-for-one basis and convert into common shares after termination of employment. These units represent an interest in an unfunded company stock fund made up of stock and cash, and the number of units attributed to the officer can change over time as PPG’s share price and the cash component of the fund fluctuate.

PPG Industries, Inc. (PPG) reported an insider equity transaction on a Form 4 for its Sr. VP and Chief HR Officer, Robert L. Massy. On 11/14/2025, he acquired 18.0492 phantom stock units at a reference price of $97.03 per unit under the PPG Industries, Inc. Deferred Compensation Plan. After this transaction, he beneficially owned a total of 115.4835 phantom stock units. Each phantom stock unit is designed to convert into one share of common stock, generally after termination of employment with PPG, and represents an interest in an unfunded unitized company stock fund made up of PPG stock and cash.

PPG Industries, Inc. (PPG) reported an insider equity-related transaction by its Chairman and CEO, who is also a director. On 11/14/2025, the reporting person acquired 41.7521 phantom stock units in Table II. Each phantom stock unit converts into one share of common stock, with conversion occurring after termination of employment with PPG. Following this transaction, the reporting person held a total of 12,152.3237 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan, which is an unfunded unitized company stock fund invested in a mix of PPG stock and cash.

PPG Industries reported a routine insider equity transaction for Senior Vice President Juliane M. Hefel. On 11/14/2025, she acquired 16.1407 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan at a derivative security price of $97.03 per unit. These phantom stock units each convert into one share of common stock and are generally payable after termination of employment with PPG. Following this transaction, she beneficially owned 180.409 phantom stock units in the plan, which represents an interest in an unfunded unitized company stock fund comprised of PPG stock and cash.

PPG Industries (PPG) reported an insider equity-related transaction by a senior executive. Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings, filed a Form 4 for a change in his holdings of deferred equity. On 11/14/2025, he acquired 17.9685 phantom stock units linked to PPG common stock at a reference price of $97.03 per share. These phantom stock units are held in the PPG Industries, Inc. Deferred Compensation Plan and in total Hagerty now holds 135.1116 phantom stock units in the plan. Each phantom stock unit converts into one share of PPG common stock, generally after termination of employment, and the number of units can change over time as the plan’s unitized stock-and-cash fund fluctuates with PPG’s share price and cash balances.

PPG Industries Inc. (PPG) filed a Form 4 reporting a deferred equity transaction by a senior executive. Sr. VP and General Counsel Anne M. Foulkes acquired 19.2088 phantom stock units on 11/14/2025 in a transaction coded "A" at a reference price of $97.03 per unit. After this transaction, she beneficially owns 699.8047 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan.

The phantom stock units track PPG common stock and convert to common shares on a one-for-one basis after termination of employment. These units represent an interest in an unfunded company stock fund made up of stock and cash, and the attributed number of shares may change over time with movements in PPG’s share price and cash levels in the fund.

PPG Industries senior vice president, P&M Coatings, Amy R. Ericson reported a Form 4 transaction involving the company’s deferred compensation plan. On 11/14/2025, she acquired 16.2343 phantom stock units linked to PPG common stock.

The phantom stock units convert into common shares on a one-for-one basis after her employment with PPG ends. Following this transaction, she beneficially owns a total of 180.7805 phantom stock units, held in a direct ownership capacity within the PPG Industries, Inc. Deferred Compensation Plan.

PPG Industries (PPG) filed a Form 4 reporting deferred equity compensation activity for a senior executive. Kevin D. Braun, Senior Vice President of Operations, acquired 21.8048 phantom stock units on 11/14/2025 at a reference price of $97.03 per unit under the PPG Industries, Inc. Deferred Compensation Plan. Each phantom stock unit is designed to convert into one share of PPG common stock after termination of employment, reflecting deferred, non-cash compensation rather than an immediate stock purchase. Following this transaction, Braun held a total of 746.8566 phantom stock units in the plan.

PPG Industries, Inc. (PPG) reported an insider equity transaction by its Senior Vice President, Automotive Coatings, on a Form 4. On 11/14/2025, the executive acquired 20.0295 phantom stock units at a price of $97.03 per unit under the PPG Industries, Inc. Deferred Compensation Plan. Following this transaction, the executive beneficially owned a total of 98.0357 phantom stock units in the plan. These phantom stock units convert into common stock on a one-for-one basis after termination of employment, and their value can change over time based on the fair market value of PPG common stock and cash held in the plan’s unitized company stock fund.

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.

PPG Industries (PPG) Form 4: Senior VP & CFO Vincent J. Morales reported an acquisition of 15.5957 Phantom Stock Units on 10/31/2025. Each unit is convertible into one share of common stock, after termination of employment. The filing lists a $97.75 price for the derivative. Following this transaction, Morales beneficially owns 27,263.3903 Phantom Stock Units in the company’s Deferred Compensation Plan, which tracks a unitized fund of stock and cash and may fluctuate with the common stock’s fair market value and cash levels.

PPG Industries (PPG) reported an insider equity change by its Sr. VP and Chief HR Officer. On 10/31/2025, the officer acquired 17.87 phantom stock units (transaction code A) at a stated price of $97.75 per unit. These phantom units convert into common stock on a one-for-one basis and generally settle after termination of employment.

Following this transaction, the officer held 97.4343 phantom stock units in total within the company’s Deferred Compensation Plan. The plan tracks a unitized company stock fund comprised of stock and cash, so the attributed unit count can change with the fund’s value.

PPG Industries (PPG) filed a Form 4 for Chairman and CEO Timothy M. Knavish reporting an acquisition of 35.6353 phantom stock units on 10/31/2025. The filing lists a $97.75 price for the derivative security and shows a post-transaction balance of 12,110.5716 phantom stock units, held directly.

Each phantom unit converts into one share of common stock and is generally settled after termination of employment under the company’s Deferred Compensation Plan. Phantom units track the value of PPG’s stock within an unfunded unitized stock fund and can fluctuate with the stock price and cash in the fund.

PPG Industries (PPG) reported an insider equity change by a senior officer. On 10/31/2025, Sr. VP, Industrial Coatings & Specialty Products Juliane M. Hefel (via attorney-in-fact) acquired 15.9435 phantom stock units under the company’s Deferred Compensation Plan at a reference price of $97.75.

Following this transaction, Hefel beneficially owns 164.2683 phantom stock units, held directly. Each unit is designed to convert into one share of common stock after termination of employment, per plan terms.

PPG Industries (PPG) disclosed an insider transaction on a Form 4. Senior Vice President Chancey E. Hagerty reported acquiring 17.7805 phantom stock units on 10/31/2025 at $97.75 per unit. After this transaction, he beneficially owns 117.1431 phantom stock units.

The phantom stock units convert into common stock on a one-for-one basis after termination of employment under the company’s Deferred Compensation Plan. The ownership form is listed as Direct (D).

PPG Industries (PPG) reported an insider derivative transaction by Sr. VP and General Counsel Anne M. Foulkes. On 10/31/2025, she acquired 18.7413 phantom stock units at a price of $97.75, increasing her derivative holdings to 680.5959 units, held directly.

The phantom stock units convert into common stock on a one-for-one basis and are generally settled after termination of employment under the PPG Deferred Compensation Plan. These units represent interests in a unitized company stock fund of stock and cash, so the attributed share count can change with the fund’s value.

PPG Industries (PPG) insider filing: Senior Vice President, P&M Coatings, reported an acquisition of 16.0362 phantom stock units on 10/31/2025 at a price of $97.75 per unit. Following the transaction, the reporting person beneficially owns 164.5462 phantom stock units.

The phantom stock units convert to common stock on a one-for-one basis and are deliverable after termination of employment with PPG. These units represent interests in an unfunded unitized company stock fund within the Deferred Compensation Plan and can fluctuate with the stock’s fair market value and cash in the fund.

PPG Industries (PPG) insider Kevin D. Braun, Sr VP, Operations, reported an acquisition of derivative securities. On 10/31/2025, he acquired 27.5735 phantom stock units at a price of $97.75 each, bringing his balance to 725.0518 phantom stock units held direct.

The phantom stock units convert to common stock on a one-for-one basis and become exercisable after termination of employment with PPG. These units represent interests in an unfunded unitized company stock fund of stock and cash, and the attributed number may change over time based on the common stock’s fair market value and cash in the fund.

PPG Industries (PPG) reported a routine insider equity update. Officer Alisha E. Bellezza (Sr. VP, Automotive Coatings) acquired 0.6323 phantom stock units on 10/31/2025 at a reported derivative price of $97.75. Following this transaction, she beneficially owns 78.0062 phantom stock units in the company’s Deferred Compensation Plan.

The phantom units convert to common stock on a one-for-one basis and become deliverable after termination of employment, per plan terms.