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Foulkes Anne M. reported acquisition or exercise transactions in this Form 4 filing.
PPG Industries Inc. reported that Sr. VP, Legal & Special Projects Anne M. Foulkes received a grant of 17.5994 phantom stock units, each valued at $110.5200 and convertible into common stock on a one-for-one basis after termination of employment.
Following this award, she holds 836.6912 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan, an unfunded unitized company stock fund of stock and cash whose unit balance can change with the fair market value of PPG common stock and cash in the fund.
PPG Industries Inc executive Kevin D. Braun, Senior VP of Operations, received a grant of 7.695 Phantom Stock Units on July 31, 2026 as a derivative award. Each unit converts into one share of common stock after termination of employment, increasing his deferred plan balance to 902.4229 units, which track PPG’s stock value and plan cash balances and may change without his action.
PPG Industries reported that Sr. VP, Automotive Coatings Alisha Bellezza received a grant of 0.6478 Phantom Stock Units, equivalent to common stock on a one-for-one basis, valued at $110.52 per unit. Her holdings in the PPG Deferred Compensation Plan increased to 165.7022 phantom units, which convert to common stock after employment terminates and fluctuate with the fair market value of PPG stock and cash in the plan’s unitized fund.
PPG Industries Inc. reported Q2 2026 net sales of $4,495 million, up 7.2% from $4,195 million a year earlier, driven by higher selling prices, modest volume growth, acquisitions and favorable currency. Income before income taxes was $569 million versus $598 million, with net income attributable to PPG of $437 million versus $450 million. Diluted EPS from continuing operations was $1.96 compared with $1.98.
For the first half of 2026, net sales were $8,425 million, up 6.9%, while net income attributable to PPG was $819 million and diluted EPS from continuing operations was $3.66. Global Architectural Coatings segment income rose to $185 million in Q2, while Performance Coatings and Industrial Coatings delivered segment income of $329 million and $229 million, respectively.
Cash from operating activities for the first six months increased to $592 million, with capital expenditures of $309 million and $145 million used for acquisitions. Long-term debt carrying value was $6,876 million and total PPG shareholders’ equity was $8,443 million as of June 30, 2026.
PPG Industries reported second quarter 2026 net sales of $4,495 million, up 7% year over year, with organic sales up 4% driven equally by 2% higher volumes and 2% higher selling prices. Net income from continuing operations was $439 million with diluted EPS of $1.96, compared with $450 million and $1.98 a year earlier. Adjusted net income was $500 million and adjusted EPS $2.23, essentially flat versus 2025.
Global Architectural Coatings net sales rose 8% to $1,098 million, and segment EBITDA margin improved 100 basis points to 19.4%. Performance Coatings net sales grew 7% to $1,619 million, but segment EBITDA margin declined to 22.7% from 25.7%, mainly due to weaker automotive refinish volumes. Industrial Coatings net sales increased 7% to $1,778 million, with segment EBITDA margin at 15.9% versus 16.6%.
Year-to-date cash from operating activities was $594 million, up from $369 million. The company ended the quarter with $1.6 billion in cash and short-term investments and net debt of $5.3 billion. Management expects third quarter organic sales growth in the low- to mid-single-digit percentage range and reaffirmed full-year 2026 adjusted EPS guidance of $7.70 to $8.10.
PPG Industries Inc. senior vice president and chief HR officer Robert L. Massy received a grant of 0.3932 Phantom Stock Units tied to PPG common stock at a reference value of $115.3100 per unit. These units convert into common stock on a one-for-one basis after his employment with PPG ends, increasing his total deferred phantom holdings to 172.8026 units within the company’s deferred compensation plan.
PPG INDUSTRIES INC Chairman and CEO Timothy M. Knavish acquired 41.2167 Phantom Stock Units as a grant under a deferred compensation plan, with a reference price of $115.3100 per unit. These units convert into common stock on a one-for-one basis after termination of employment, bringing his total phantom stock holdings to 12,643.3294 units.
PPG Industries disclosed that Senior Vice President Juliane M. Hefel received a grant of 2.8719 Phantom Stock Units on 2026-07-15, using a reference value of $115.3100 per unit. The units are held in the PPG Industries Deferred Compensation Plan, convert one-for-one into common stock after termination of employment, and increase her plan balance to 1409.9477 phantom units. This is a compensation-related award of derivative interests, not an open‑market purchase or sale of common shares.
PPG Industries Inc. reported an insider compensation grant to senior vice president Chancey E. Hagerty. He received 15.2379 phantom stock units linked to common stock at $115.31 per unit, increasing his balance in the Deferred Compensation Plan to 205.8251 units.
The phantom stock units convert to common stock on a one-for-one basis after termination of employment with PPG and represent interests in an unfunded unitized company stock fund whose unit count can change with share price and cash levels.
PPG Industries Inc reported that Senior VP, Legal & Special Projects, Anne M. Foulkes received a grant of 17.3319 phantom stock units tied to PPG common stock on 2026-07-15.
The units convert 1:1 into common shares after termination of employment, bringing her deferred plan holdings to 819.0918 phantom stock units.