Vincent J. Morales, who serves as senior vice president and chief financial officer of PPG Industries (NYSE: PPG), completed a block sale of common stock on February 13, 2026, disposing of 78,095 shares for approximately $10.2 million. The shares were sold at prices ranging from $130.92 to $131.1043.
On that same date, Morales also exercised stock options to acquire 49,656 shares of PPG common stock. The option exercises were executed in two tranches - 19,259 shares at an exercise price of $109.74 and 30,397 shares at an exercise price of $119.52 - with a combined cost for the exercised options of $5,746,532.
These insider transactions occurred against the backdrop of the company’s fourth-quarter 2025 financial results. PPG reported adjusted earnings per share of $1.51 for the quarter, which fell short of the $1.58 consensus estimate. Revenue for the quarter came in at $3.91 billion, outperforming the consensus forecast of $3.78 billion.
Market analysis commentary accompanying the firm's performance included a note from Wolfe Research, which reiterated a Peerperform rating on PPG Industries. Wolfe Research highlighted the company’s positive momentum in taking market share, while the Peerperform designation indicates a neutral stance from the research firm.
The transactions by Morales and the company’s reported quarterly results provide discrete data points investors may consider when assessing PPG’s current position. The record shows the exact share counts, price bands and option exercise details disclosed for the February 13 transactions and the published quarterly financial metrics remain as reported.
Context and disclosure of figures
The reported sale totaled 78,095 shares with the per-share sale prices spanning $130.92 to $131.1043. The option exercises amounted to 49,656 shares acquired at weighted exercise prices represented by $109.74 for 19,259 shares and $119.52 for 30,397 shares, with the total exercise outlay listed at $5,746,532.
Research coverage
Wolfe Research’s reiterated Peerperform rating was noted alongside its observation of market-share momentum. The Peerperform rating signals neither a buy nor a sell recommendation from the research firm.
All figures cited above reflect the company disclosures and the transactions as reported for the specified dates.