PPG Industries Files Proxy Materials

TL;DR

PPG filed proxy docs, nothing major to see here yet.

AI Summary

PPG Industries, Inc. filed a Definitive Additional Materials proxy statement on March 21, 2024. This filing is related to the company's proxy materials, which are used to solicit votes from shareholders for upcoming meetings. The filing does not appear to contain new proposals or significant financial disclosures beyond standard proxy statement information.

Why It Matters

This filing indicates that PPG Industries is proceeding with its shareholder communication and voting processes, which are essential for corporate governance and decision-making.

Risk Assessment

Risk Level: low — This is a routine filing of proxy materials, not indicating any immediate financial or operational risks.

Key Players & Entities

• PPG INDUSTRIES INC (company) — Registrant
• 0001558370-24-003675.txt (document) — Filing document name
• 20240321 (date) — Filing date

FAQ

Filing Documents

• tmb-20240321xdefa14a.htm (DEFA14A) — 24KB
• 0001558370-24-003675.txt ( ) — 25KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 PPG Industries, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 On March 21, 2024, PPG Industries, Inc. posted the following communication on its corporate intranet website: Employee shareholders encouraged to vote Employees who were PPG shareholders on February 16, 2024 should receive a notice (by mail or e-mail) providing detailed voting instructions and the manner for accessing the proxy materials for the 2024 Annual Meeting of Shareholders. If you own PPG shares in multiple brokerage accounts (Merrill Lynch and Fidelity, for example), you may receive mailings from each of these brokers with instructions for voting your shares. To vote all of your PPG shares, you must respond to each of these mailings. As described in the proxy materials, PPG's Board of Directors recommends that shareholders vote as follows: Proposal 1: FOR the election of four directors (Michael W. Lamach, Martin H. Richenhagen, Christopher N. Roberts III and Catherine R. Smith) to serve in a class whose term expires in 2025; Proposal 2: FOR the approval of the compensation of PPG's named executive officers on an advisory basis; Proposal 3: FOR the amendment of PPG's Articles of Incorporation to provide shareholders with the right to call a special meeting; Proposal 4: FOR the amendment of PPG's Articles of Incorporation to provide for the exculpation of officers of the Company; and Proposal 5: FOR the ratification of PricewaterhouseCoopers LLP as PPG's independent registered public accounting firm for 2024. "Shareholders have a valuable opportunity to vote on these important proposals," said Joe Gette, vice president, deputy general counsel and secretary. "We encourage all shareholders to read the proxy materials and to exercise their right to vote." Please submit your vote as soon as possible in advance of PPG's 2024 Annual Meeting, which will be held on April 18. Click https://www.cesonlineservices.com/ppg24_vm to watch this year's Annual Meeting in a virtual format through a live webcast. For more information about how to register to attend the virtual Annual Meeting, visit the PPG Investor Center at https://investor.ppg.com/ where you can access PPG's 2024 proxy statement and 2023 annual report.