PPG Industries Director Kathy Lynn Fortmann Acquires Phantom Stock Units
PPG INDUSTRIES INC
Subscribe to track PPG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
š Insider Transaction Summary ā¢ Issuer: PPG INDUSTRIES INC ($PPG) ā¢ Insider: Kathy Lynn Fortmann (Director) ā¢ Transaction: Acquisition (Phantom Stock Units) ā¢ Date: 2026-09-11 ā¢ Amount: 60.28 units @ $105.50 (~$6,359.46) ā¢ Post-Transaction Holdings: 5,749.09 units ā¢ Significance: Low (Routine Deferred Compensation)
Comprehensive Analysis
Insider Transaction Overview
On September 11, 2026, Kathy Lynn Fortmann, a Director of PPG Industries, Inc. ($PPG), acquired 60.2792 Phantom Stock Units at a price of $105.50 per unit, totaling approximately $6,359.46.
Transaction Details
- Security: Phantom Stock Units
- Transaction Code:
A(Award/Grant) - Plan: Acquired under the PPG Industries, Inc. Deferred Compensation Plan for Directors.
- Conversion Terms: Converts to Common Stock on a 1-for-1 basis following termination of service as a Director.
- Holdings Post-Transaction: 5,749.0943 phantom stock units held directly.
Market Impact & Significance
This transaction represents routine director compensation crediting through PPG's deferred compensation plan. Because it is an automated/plan-based acquisition of modest dollar value rather than an open-market purchase, it carries Low trading significance.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.