PPG Industries Insider Acquires Phantom Stock Units via Deferred Compensation Plan
PPG INDUSTRIES INC
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Filing Summary
š Form 4 Filing Alert: PPG INDUSTRIES INC ($PPG) š¤ Insider: Massy Robert L. (Sr. VP and Chief HR Officer) š Transaction Date: 2026-08-31 š Type: Acquisition (Phantom Stock Units) š¢ Quantity: 0.305 units @ $112.17 š° Total Value: ~$34.21 š Post-Transaction Holdings: 173.5604 units ā ļø Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
PPG Industries Inc. ($PPG) Form 4 Filing Analysis
Executive Summary
On September 1, 2026, Robert L. Massy, Senior Vice President and Chief Human Resources Officer of PPG Industries Inc., reported an acquisition of 0.305 phantom stock units at a price of $112.17 per unit, totaling approximately $34.21 on August 31, 2026.
Transaction Breakdown
- Security: Phantom Stock Units (convertible to Common Stock on a 1-for-1 basis upon termination of employment)
- Transaction Code:
A(Award / Acquisition via Deferred Compensation Plan) - Shares Acquired: 0.305
- Price per Unit: $112.17
- Post-Transaction Holdings: 173.5604 phantom stock units
- Ownership Nature: Direct
Market & Trading Context
This transaction represents a routine, fractional crediting of phantom stock units within the PPG Industries, Inc. Deferred Compensation Plan. Due to the de minimis transaction size and routine administrative nature, this event carries Low trading significance and does not reflect a discretionary market purchase.
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