Timothy M. Knavish - Feb 14, 2025 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Timothy M. Knavish
Stock symbol
PPG
Transactions as of
Feb 14, 2025
Transactions value $
-$1,007
Form type
4
Date filed
2/18/2025, 10:26 AM
Previous filing
Feb 3, 2025
Next filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPG Common Stock Options Exercise $567K +4.8K +13.4% $118.12 40.6K Feb 14, 2025 Direct F1
transaction PPG Common Stock Sale -$568K -4.8K -11.81% $118.35 35.8K Feb 14, 2025 Direct F1
holding PPG Common Stock 5.26K Feb 14, 2025 By 401(k) Plan F2

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 $97.00 +0.824 +0.01% $117.75 11.5K Feb 14, 2025 Common Stock 0.824 Direct F3, F4, F5
transaction PPG Employee Stock Options Options Exercise $0 -4.8K -100% $0.00 0 Feb 14, 2025 Common Stock 4.8K $118.12 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 13, 2024.
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 14, 2025.
F3 The security converts to common stock on a one-for-one basis.
F4 After termination of employment with PPG.
F5 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.