8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM	8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 28, 2025

PPG INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Charter)		Pennsylvania	001-1687	25-0730780
---	---	---
(State or Other Jurisdiction<br>of Incorporation)	(Commission<br>File Number)	(I.R.S. Employer<br>Identification No.)

One PPG Place, Pittsburgh, Pennsylvania, 15272

(Address of Principal Executive Offices, and Zip Code)

(412) 434-3131

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $1.66 2/3	PPG	New York Stock Exchange
1.400% Notes due 2027	PPG 27	New York Stock Exchange
2.750% Notes due 2029	PPG 29A	New York Stock Exchange
3.250% Notes due 2032	PPG32	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 28, 2025, Vincent J. Morales, Senior Vice President and Chief Financial Officer of PPG Industries, Inc. (the “Company”), announced his intention to retire from the Company on July 1, 2026. His previously awarded stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their terms.

On December 1, 2025, the Company issued a press release announcing Mr. Morales’s retirement. The press release is attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 9.01	Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99	Press release of PPG Industries, Inc. dated December 1, 2025
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		PPG INDUSTRIES, INC.
		(Registrant)
Date: December 1, 2025	By:	/s/ Timothy M. Knavish
		Timothy M. Knavish
		Chairman and Chief Executive Officer

Document

Exhibit 99

News

PPG Media Contact:

Greta Edgar Borza

Corporate Communications

+1-724-316-7552

edgar@ppg.com

PPG Investor Contact:

Alex Lopez

Investor Relations

+1-412-434-3466

alejandrolopez@ppg.com

investor.ppg.com

PPG announces planned retirement of Vince Morales, senior vice president and chief financial officer

PITTSBURGH, December 1, 2025 – PPG (NYSE:PPG) today announced that Vincent (Vince) J. Morales, who has served as senior vice president and chief financial officer since 2017 and is a 40-plus-year veteran of the company, has announced his intention to retire July 1, 2026. Morales is a member and secretary of PPG’s operating committee and member of the executive committee. He also has executive leadership responsibilities for corporate development and information technology. As part of a previously planned succession process, a global internal and external search is underway to identify a successor for this key executive leadership role at PPG.

“On behalf of the PPG leadership team and PPG Board of Directors, I want to congratulate Vince on an outstanding four-decade career and thank him for his many valuable contributions to PPG,” said Tim Knavish, PPG chairman and CEO. “Vince is a highly respected leader, and he’s played a key role in the company’s transformation into the world’s leading paints, coatings and specialty products company. His leadership extends beyond the finance area as a valued member of the company’s operating and executive committees. He has also served as a mentor to many PPG employees as well as an executive sponsor and advocate of our employee resource groups. We thank Vince for agreeing to remain a key part of the executive leadership team through July 2026 to ensure a seamless and coordinated transition. As a great friend, trusted confidant and valuable business partner, I wish him all the best in a well-deserved retirement.”

“Over the past 40 years, I have been privileged to work alongside truly outstanding PPG employees, leaders and Board members,” said Morales. “I am exceptionally proud to have participated in helping to build the global, industry-leading company that PPG is today, and as I prepare to retire I know the company is poised to fully capitalize on our recent growth momentum.”

Morales currently serves on the board of directors of Teledyne Technologies Incorporated, and he is board chair of the Boys & Girls Clubs of Western Pennsylvania. He earned a Bachelor of Science in accounting from Robert Morris University and a Master of Business Administration from the Ohio State University.

Morales joined PPG in 1985 as a corporate controller at headquarters in Pittsburgh and advanced through traditional finance and accounting assignments, including as supervisor, shared accounting services at the Chillicothe, Ohio, shared services center and as plant controller at the former PPG glass plant in Mount Zion, Ill. He returned to Pittsburgh in 2000 as manager, chemical revenue recognition and became director, internal financial reporting in 2001. Beginning in 2004, he led

investor relations as director, investor relations and was elected as vice president in 2007, adding responsibility as corporate treasurer in 2015. Morales was appointed as vice president, finance in June 2016 and then to his current role in March 2017.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.8 billion in 2024. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.