PPG Industries Chairman & CEO Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
Subscribe to track PPG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
PPG Industries Inc ($PPG) Insider: Knavish Timothy M (Chairman and CEO) Transaction: Acquired 35.1445 Phantom Stock Units at $112.17 (~$3,942.16) Post-Transaction Holdings: 12,737.184 Phantom Stock Units Significance: Low (Routine Deferred Compensation Plan acquisition)
Comprehensive Analysis
Executive Summary
On August 31, 2026, Timothy M. Knavish, Chairman and CEO of PPG Industries Inc ($PPG), acquired 35.1445 Phantom Stock Units at a price of $112.17 per unit, representing a total value of approximately $3,942.16. The transaction was reported on Form 4 filed with the SEC on September 1, 2026.
Transaction Details
- Security: Phantom Stock Units
- Transaction Type: Acquisition (Code A)
- Shares/Units Transacted: 35.1445
- Price Per Unit: $112.17
- Total Value: $3,942.16
- Post-Transaction Holdings: 12,737.184 Phantom Stock Units (held directly)
Footnote Context
- The phantom stock units convert to common stock on a 1-for-1 basis and are payable following termination of employment with PPG.
- Units are held under the PPG Industries, Inc. Deferred Compensation Plan in an unfunded unitized company stock fund.
Market Impact & Significance
This transaction represents a routine, small-scale acquisition under PPG's Deferred Compensation Plan and does not reflect open-market buying or selling sentiment. Consequently, the trading significance is evaluated as Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.
The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.
Always do your own due diligence and consult a licensed professional.
