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PPG Industries Officer Acquires Phantom Stock Units via Deferred Compensation Plan
PPG INDUSTRIES INC
$PPG4CIK: 0000079879
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Filing Summary
# PPG Industries Inc (PPG) Form 4 Insider Filing
**Reporting Owner:** Hagerty Chancey E. (Sr. VP, Perf Coatings Segment)
**Filing Date:** 2026-09-01 | **Transaction Date:** 2026-08-31
### Transaction Summary
* **Security:** Phantom Stock Units (converts 1-for-1 to Common Stock)
* **Type:** Acquisition (Code: A - Deferred Compensation Plan)
* **Shares Transacted:** 15.5649 @ $112.17
* **Total Value:** ~$1,745.91
* **Post-Transaction Holdings:** 252.277 units
* **Significance:** Low (Routine deferred compensation allocation)
Comprehensive Analysis
PPG Industries, Inc. (PPG) Form 4 Filing Analysis
Overview
On September 1, 2026, Chancey E. Hagerty, Senior Vice President of the Performance Coatings Segment at PPG Industries, Inc., reported an acquisition of phantom stock units under the company's Deferred Compensation Plan.
Key Transaction Details
- Security: Phantom Stock Units (Derivative Security)
- Transaction Code:
A(Grant, award, or other acquisition) - Transaction Date: August 31, 2026
- Quantity: 15.5649 units
- Price Per Unit: $112.17
- Total Transaction Value: $1,745.91
- Total Beneficial Ownership Following Transaction: 252.277 phantom stock units
- Conversion / Exercise Terms: Converts to Common Stock on a 1-for-1 basis payable following termination of employment.
Market & Trading Impact
- Significance Level: Low
- Rationale: The transaction reflects a routine, automated credit of phantom stock units within the PPG Industries, Inc. Deferred Compensation Plan rather than a discretionary open-market buy or sell. Due to the small dollar amount and non-discretionary nature of the plan contribution, this event is not indicative of material forward-looking sentiment changes by management.
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