Kevin D. Braun - 29 Feb 2024 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Kevin D. Braun
Issuer symbol
PPG
Transactions as of
29 Feb 2024
Net transactions value
+$21,903
Form type
4
Filing time
01 Mar 2024, 12:12:25 UTC
Previous filing
22 Feb 2024
Next filing
13 Mar 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPG Phantom Stock Units Award $21,903 +155 +44% $141.60 506 29 Feb 2024 Common Stock 155 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-for-one basis.
F2 The reporting person deferred receipt of bonus payment and received instead 154.6841 phantom stock units pursuant to PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
F3 After termination of employment with PPG.
F4 Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.