PPG INDUSTRIES INC 4

Director Guillermo Novo received an award of 126.8664 phantom stock units of PPG Industries Inc., bringing his deferred phantom stock holdings to 13,631.3376 units.

On September 11, 2026, PPG Industries Inc. director Guillermo Novo received an award of 126.8664 phantom stock units under the company’s Deferred Compensation Plan for Directors at a reference price of approximately $105.50 per unit, increasing his total phantom stock holdings in the plan to 13,631.3376 units. These phantom units are a form of deferred, stock-based compensation that convert into PPG common stock on a one-for-one basis after his termination of service as a director and can fluctuate over time depending on the stock price and cash in the plan’s unitized stock fund. Using the company’s current stock price of about $106.14, Novo’s post-award phantom stock position is worth roughly $1.45 million on a common stock equivalent basis, and this filing reflects routine non-cash compensation rather than an open-market purchase or sale.

Filing Facts

CIK

79879

Ticker

PPG

Form

4

Source Type

sec

Accession

0000079879-26-000281

Alert Tier

5