Form 4: PPG Industries Vice President Brian Williams Reports Stock Transactions

Brian Williams, Vice President and Controller of PPG Industries, reports the settlement of restricted stock units and a disposition of shares to cover tax obligations.

Summary

• Brian Richard Williams, Vice President and Controller of PPG Industries, filed a Form 4 detailing changes in beneficial ownership.
• On February 19, 2025, Williams settled a 2022 restricted stock unit performance award, acquiring 552 shares of common stock at $0.
• Also on February 19, 2025, Williams disposed of 186 shares of common stock at $116.79 to satisfy tax obligations.
• Following these transactions, Williams directly owns 2,678 shares of PPG Industries common stock.
• Williams also indirectly owns 1,868.39 shares through the PPG Industries Employee Savings Plan (401(k)).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard compensation and tax-related stock activity.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent standard executive compensation and tax-related activities.

Key Dates

Keywords

Form 4, PPG Industries, Brian Williams, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Obligations, 401(k)