What is the nature of the Phantom Stock Units awarded to PPG Senior VP Anne M. Foulkes, and how do they differ from actual shares or cash?

The Phantom Stock Units awarded to Anne M. Foulkes represent an interest in an unfunded unitized company stock fund rather than immediate shares of common stock or cash; they are deferred compensation units that convert to PPG common stock on a one-for-one basis only after her employment ends.

How many additional Phantom Stock Units did Anne M. Foulkes receive, what is their per-unit value, and what is her updated total balance?

Anne M. Foulkes received an additional 15.9819 Phantom Stock Units, valued at $121.29 per unit, increasing her deferred Phantom Stock Units balance to 801.7599 units.

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Jul 1, 2026

PPG Industries Senior VP Anne M. Foulkes was granted 15,981.9 phantom stock units valued at $121.29 each. Her total deferred balance increased to 801,759.9 units, convertible to common stock post-employment.

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