{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-26-000167","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2026-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.745130+00:00","generated_at":"2026-05-15T03:26:59.440498+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PPG Q1 net sales $3.93B (+7%); adj. EPS $1.83 (+6% YoY); reaffirms FY guidance","bullets":["Reported EPS $1.70; adjusted EPS $1.83; net income $382M vs $375M; share repurchases $100M.","Organic sales +1% on higher prices; segment EBITDA margin 19%; Global Architectural sales +13%, income +31%.","Performance Coatings sales +5%; aerospace double-digit organic growth, backlog $315M; industrial coatings income −10%.","Reaffirms FY2026 EPS guidance $7.70–$8.10; expects Q2 adj. EPS flat to low single-digit growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-26-000167","json":"https://secwatch.observer/filing/0000079879-26-000167.json","markdown":"https://secwatch.observer/filing/0000079879-26-000167.md","text":"https://secwatch.observer/filing/0000079879-26-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987926000167/0000079879-26-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987926000167/ppg-20260428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:26:59.440498+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"befa0144284440e1a1df3c00cb4692381e943612","claim":"PPG INDUSTRIES INC reported first quarter 2026 results: revenue Net sales of $3.9 billion, net income Net income $382, EPS reported earnings per diluted share (EPS) of $1.70. Guidance reaffirmed.","evidence_excerpt":"PPG reports first quarter 2026 financial results • Net sales of $3.9 billion, an increase of 7% versus prior year • Organic sales increased 1% year over year driven by higher selling prices • First quarter reported earnings per diluted share (EPS) of $1.70 and adjusted EPS of $1.83, an increase of 6% year over year • Segment margin of 16% and segment EBITDA margin of 19% • Share repurchases in the quarter totaled about $100 million • Reaffirms full-year 2026 EPS guidance range of $7.70 to $8.10","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987926000167/0000079879-26-000167-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"Net sales of $3.9 billion"},{"label":"Net income","value":"Net income $382"},{"label":"EPS","value":"reported earnings per diluted share (EPS) of $1.70"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}