PPG Industries Officer Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
Form 4 Filing Summary for PPG INDUSTRIES INC ($PPG) • Insider: Foulkes Anne M. (Sr. VP, Legal & Spl. Projects) • Transaction Date: 2026-08-31 • Type: Acquisition (Phantom Stock Units) • Shares: 17.3672 @ $112.17 • Value: ~$1,948.08 • Post-Transaction Holdings: 870.3884 Phantom Stock Units • Significance: Low (Routine Deferred Compensation)
Comprehensive Analysis
Executive Summary
On September 1, 2026, PPG Industries, Inc. filed a Form 4 reporting an acquisition of phantom stock units by Anne M. Foulkes, Senior Vice President, Legal & Special Projects. The transaction took place on August 31, 2026, under the PPG Industries, Inc. Deferred Compensation Plan.
Transaction Details
- Security: Phantom Stock Units (converts to Common Stock on a 1-for-1 basis following termination of employment)
- Shares Acquired: 17.3672 units
- Price per Unit: $112.17
- Total Transaction Value: $1,948.08
- Post-Transaction Beneficial Ownership: 870.3884 phantom stock units
- Ownership Nature: Direct
Analysis & Significance
This transaction represents a routine allocation of phantom stock units under the company's deferred compensation plan. Given the small nominal dollar value (~$1,948) and the programmatic nature of deferred compensation contributions, this transaction carries Low predictive significance for investors.
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