Every material Form 8-K PPG Industries filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PPG's board elected Todd M. Schneider, president and chief executive officer of Cintas, as a director effective January 14, 2026, and appointed him to the Nominating and Governance and Sustainability and Innovation committees. The filing also discloses that PPG buys products and services from Cintas, about $9,350,000 in 2024, which the companies say was in the ordinary course of business and less than one percent of each company's consolidated gross revenues.
Todd M. Schneider joins the board effective January 14, 2026 and will serve in the class of directors whose term expires at the 2026 Annual Meeting of Shareholders.
Schneider will serve on the Nominating and Governance Committee and the Sustainability and Innovation Committee.
PPG sold about $13,000 of products and services to Cintas in 2024 and purchased about $9,350,000 from Cintas in 2024.
PPG purchased about $7,550,000 of products and services from Cintas in the first three fiscal quarters of 2025.
PPG's chief financial officer, Vincent Morales, announced on November 28, 2025 that he will retire on July 1, 2026, and PPG disclosed the decision on December 1. He will remain on the executive leadership team through July 2026 to support the transition, and a global internal and external search for his successor is underway. A CFO change is a notable leadership event for shareholders, though the filing contains no financial results or guidance.
Vincent J. Morales has served as senior vice president and chief financial officer since March 2017 and joined PPG in 1985.
Morales announced his intention to retire on November 28, 2025, effective July 1, 2026.
A global internal and external search for a successor is underway, as part of a previously planned succession process.
His stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their terms.
PPG Industries issued $700 million of 4.375% notes due 2031 on November 3, 2025, under a shelf registration and an indenture with The Bank of New York Mellon Trust Company as trustee. The company said it expects to use the net proceeds for general corporate purposes, which may include repaying existing debt, working capital, capital expenditures and possible acquisitions, so the filing adds fixed-rate debt to its balance sheet.
Notes: $700 million aggregate principal, 4.375% coupon, due 2031
Underwriters agreed to buy the notes at 98.970% of principal; public offering price is 99.570%
Holders can require repurchase at 101% of principal plus accrued interest upon a Change of Control Triggering Event
Proceeds intended for general corporate purposes, including possible repayment of existing debt and acquisitions
PPG reported third quarter 2025 net sales of $4.1 billion, up 1% from a year earlier, and adjusted earnings of $2.13 per diluted share, up 5%. The company also revised its full-year 2025 adjusted EPS guidance to $7.60 to $7.70, but the filing does not state the prior range, and it cites softer global demand, so shareholders can compare the new range with earlier expectations.
Net sales were $4,082 million in the third quarter, up 1% from $4,032 million; organic sales rose 2%.
Reported EPS was $1.96 versus $1.90, and adjusted EPS was $2.13 versus $2.03, up 5%.
Full-year 2025 adjusted EPS guidance is $7.60 to $7.70; Performance Coatings segment EBITDA fell 9% in the quarter.
Share repurchases were about $150 million in the quarter and $690 million year to date.
PPG announced that General Counsel Anne Foulkes plans to retire on August 31, 2026, and will move to a new role as senior vice president, legal and special projects, effective January 1, 2026. Joseph R. Gette, currently deputy general counsel and secretary, will become senior vice president, general counsel and secretary on the same date, a planned succession that shareholders may view as a routine leadership change with no stated financial effect.
Anne M. Foulkes, 62, has been general counsel since 2018 and has been with PPG since 1995; she plans to retire August 31, 2026.
Effective January 1, 2026, Foulkes becomes senior vice president, legal and special projects, to oversee transition and certain projects.
Joseph R. Gette becomes senior vice president, general counsel and secretary effective January 1, 2026.
Foulkes will be eligible for a 2027 payment under the annual incentive plan for 2026; her equity awards vest under their existing terms.
PPG reported second quarter 2025 net sales of $4.2 billion, down 1% from a year earlier, mainly due to business divestitures, while organic sales rose 2%. Reported EPS was $1.98 versus $2.09 a year earlier, and adjusted EPS was $2.22 versus $2.35, and the company reaffirmed its full-year 2025 adjusted EPS guidance of $7.75 to $8.05.
Q2 2025 net sales $4,195 million versus $4,235 million a year earlier; organic sales up 2%
PPG reported first-quarter 2025 net sales of $3.7 billion, down 4% from a year earlier, with reported EPS of $1.64 and adjusted EPS of $1.72, down 4% and 8%. Organic sales rose 1% on higher volumes, but currency translation and divestitures reduced reported sales. PPG reaffirmed its full-year 2025 adjusted EPS guidance of $7.75 to $8.05.
Net sales were $3,684 million versus $3,849 million, down 4%; organic sales rose 1%.
Reported EPS was $1.64 versus $1.71; adjusted EPS was $1.72 versus $1.87.
Share repurchases totaled approximately $400 million in the quarter; net debt was $5.4 billion, up $340 million year over year.
Full-year 2025 adjusted EPS guidance of $7.75 to $8.05 was reaffirmed, not changed.
PPG's board elected Leon J. Topalian, chair, president and chief executive officer of Nucor Corporation, as a director on April 17, 2025, effective July 16, 2025. He will sit on the Audit Committee and the Sustainability and Innovation Committee. The filing also discloses routine business dealings between PPG and Nucor, which the company says are below one percent of each company's consolidated gross revenues.
Election made April 17, 2025, effective July 16, 2025; term runs to the 2026 Annual Meeting of Shareholders
Appointed to the Audit Committee and the Sustainability and Innovation Committee
In 2024, PPG sold approximately $3,167,000 of products and services to Nucor and bought approximately $1,288,000 from Nucor
In the first quarter of 2025, PPG sold approximately $917,000 to Nucor and bought approximately $246,000 from Nucor
On March 4, 2025, PPG completed an offering of €900 million aggregate principal amount of 3.250% notes due 2032. The company says it will use the net proceeds for general corporate purposes, including working capital, capital expenditures, debt repayment or possible acquisitions. The new debt adds to PPG's borrowings, and the notes carry covenants limiting certain liens and mergers.
Notes: €900 million aggregate principal, 3.250% coupon, due 2032, completed March 4, 2025
Underwriters buy the notes at 99.022% of principal; public offering price is 99.422%
Holders can require repurchase at 101% of principal plus accrued interest upon a Change of Control Triggering Event
Proceeds intended for general corporate purposes, which may include repaying existing debt or funding possible acquisitions
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PPG Industries filing is on SEC EDGAR ↗. 8-K briefs of other companies →