Form 4: PPG Industries Senior VP & CFO Vincent J. Morales Reports Changes in Beneficial Ownership

Vincent J. Morales, Senior VP & CFO of PPG Industries, reports changes in beneficial ownership related to phantom stock units.

Summary

• On March 14, 2025, Vincent J. Morales, Senior VP & CFO of PPG Industries, reported changes in beneficial ownership.
• The transaction involved phantom stock units that convert to common stock on a one-for-one basis after termination of employment with PPG.
• Morales acquired 14.566 phantom stock units at a price of $113.47.
• Following the reported transaction, Morales beneficially owns 26,757.0615 phantom stock units.
• These units are held directly and represent interests in an unfunded unitized company stock fund comprised of stock and cash within the PPG Industries, Inc. Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard reporting of changes in beneficial ownership.

Positives

• The acquisition of phantom stock units indicates Morales' continued investment in PPG Industries' future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in Morales' holdings of phantom stock units, which are part of his compensation package.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key executive.

Key Dates