PPG Industries Executive Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
📊 PPG Industries Inc ($PPG) Form 4 Filing Update Insider: Juliane M. Hefel (Sr. VP, Ind Coatings & Sp Prod) Transaction: Acquisition of 2.1444 Phantom Stock Units at $112.17/share ($240.54 total) Date: August 31, 2026 Post-Transaction Holdings: 1,415.0958 units Significance: Low (Routine Deferred Compensation Plan allocation)
Comprehensive Analysis
PPG Industries Inc ($PPG) Form 4 Transaction Analysis
Summary
On September 1, 2026, PPG Industries Inc reported an insider transaction by Juliane M. Hefel, Senior Vice President, Industrial Coatings & Special Products. The transaction occurred on August 31, 2026, and involved the acquisition of 2.1444 Phantom Stock Units at an effective price of $112.17 per share, resulting in a total transaction value of approximately $240.54.
Plan Details
- Security: Phantom Stock Units, which convert into common stock on a one-for-one basis upon termination of employment.
- Vehicle: Acquired through the PPG Industries, Inc. Deferred Compensation Plan.
- Holdings: Following this transaction, Ms. Hefel holds 1,415.0958 Phantom Stock Units directly.
Trading Significance
This transaction is categorized as Low Significance as it represents a routine, de minimis deferred compensation accrual rather than a discretionary open-market purchase or sale.
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