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Leon J. Topalian, a director of PPG Industries, Inc. (PPG), received 7.7592 phantom stock units under the PPG Deferred Compensation Plan for Directors on 09/12/2025. Each unit converts to one share of common stock on a one-for-one basis and is reported with an attributed value of $110.72 per share. The filing notes that these phantom units represent interests in an unfunded unitized company stock fund composed of stock and cash and that the credited number of shares may change over time with the plan’s fair market value adjustments. Conversion is tied to termination of service as a director. The form was signed by Greg E. Gordon as attorney-in-fact for Mr. Topalian on 09/15/2025.
PPG Industries insider report: Chris Roberts III, a director of PPG Industries (PPG), reported on 09/12/2025 the acquisition of 24.703 phantom stock units under the PPG Deferred Compensation Plan for Directors. Each phantom unit converts to one share of common stock on a one-for-one basis. The report shows a reference price of $110.72 and indicates 2,094.4913 shares beneficially owned by the reporting person following the transaction. The filing notes phantom units represent interests in an unfunded unitized stock fund comprised of stock and cash and that the number of shares attributed may change with the fund's fair market value. The form was signed via attorney-in-fact on 09/15/2025.
Guillermo Novo, a director of PPG Industries, Inc. (PPG), reported on Form 4 that on 09/12/2025 he acquired 76.7957 phantom stock units under the PPG Deferred Compensation Plan for Directors. Each phantom unit is convertible one-for-one into common stock and the reported per-unit value for this transaction was $110.72.
After the reported transaction the filing shows Mr. Novo beneficially owns 9,981.0159 phantom stock units in the plan. The units represent interests in an unfunded unitized company stock fund comprised of stock and cash and the number attributed to the participant may change with the fair market value of PPG common stock and cash in the fund. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Novo on 09/15/2025.
Michael Nally, a director of PPG Industries, acquired phantom stock units tied to PPG common stock. On 09/12/2025 he was credited with 62.8893 phantom stock units under the PPG Deferred Compensation Plan for Directors; these units convert to common stock on a one-for-one basis. The filing shows a reported per-share valuation of $110.72 and indicates the reporting person beneficially owns 8,285.354 shares following the transaction. The units represent interests in an unfunded unitized stock-and-cash fund and may change in number as fund value and cash holdings fluctuate. The form was signed by attorney-in-fact Greg E. Gordon on 09/15/2025.
PPG Industries (PPG) director Kathleen A. Ligocki received 53.8933 phantom stock units on 09/12/2025 under the PPG Deferred Compensation Plan for Directors. Phantom units convert one-for-one into common stock and are unitized interests in a fund of stock and cash, so their attributed share count may change with the fund's fair market value and cash balances. The reported grant valued the underlying shares at $110.72, and after the transaction the reporting person is shown as beneficially owning 6,826.9222 phantom-equivalent shares. The units convert upon termination of service as a director.
Melanie Healey, a director of PPG Industries, reported a non‑derivative acquisition of phantom stock units under the companys Deferred Compensation Plan for Directors. On 09/12/2025 she was credited with 36.5747 phantom stock units at an indicated per‑unit value of $110.72. These phantom units convert one‑for‑one into common stock and the report shows the reporting person holds a total of 4,019.1137 units following the transaction. The phantom units represent interests in an unfunded unitized stock fund composed of stock and cash and may change in number based on the fair market value of PPGs common stock and cash in the fund. The form is signed by an attorney‑in‑fact on behalf of Ms. Healey.
Michael W. Lamach, a director of PPG Industries, reported on Form 4 that on 09/12/2025 he was credited with 97.3171 phantom stock units under the PPG Deferred Compensation Plan for Directors. Each phantom unit converts one-for-one into common stock, and the filing lists a per-share price of $110.72. After this transaction the reporting person beneficially owns 13,866.8494 shares (direct ownership). The filing explains phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash and that the number of shares attributed may change with the fair market value and cash in the fund. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Lamach on 09/15/2025.
Gary R. Heminger, a director of PPG Industries, Inc. (PPG), reported an acquisition of 77.887 phantom stock units on 09/12/2025 under the PPG Deferred Compensation Plan for Directors. The filing states phantom stock units convert to common stock on a one-for-one basis and that the reported transaction used a price of $110.72 per share. Following the transaction the reporting person is credited with 10,716.8478 shares (units) beneficially owned. The Form 4 was signed by an attorney-in-fact on 09/15/2025. The filing notes phantom units reflect interests in an unfunded unitized company stock fund and may change with fair market value or cash in the fund.
Kathy Lynn Fortmann, identified as a Director of PPG Industries, reported a transaction dated 09/12/2025 on Form 4. She acquired 28.007 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan for Directors; these units convert to common stock on a one-for-one basis. The filing shows a price reference of $110.72 and indicates 2,491.1532 shares (or share-equivalents) beneficially owned by the reporting person following the transaction, held directly. The phantom units represent interests in an unfunded unitized company stock fund whose attributed share amount may change with the fair market value of PPG common stock and plan cash. The filing was signed by an attorney-in-fact on 09/15/2025.
Vincent J. Morales, Senior VP & CFO of PPG Industries (PPG), reported on Form 4 an acquisition of phantom stock units under PPG's Deferred Compensation Plan dated 08/29/2025. The filing shows 26,995.989 phantom stock units beneficially owned following the transaction. Each phantom unit converts to one share of common stock on a one-for-one basis and the reported acquisition involved 14.5674 units at an indicated price of $111.23. The filing notes these units represent interests in an unfunded unitized company stock fund that may change in share equivalent based on the fair market value of PPG common stock and cash in the fund. The units are exercisable or convert after termination of employment.