PPG Industries Director Melanie Healey Acquires Phantom Stock Units

PPG Industries Inc ($PPG) Form 4 Transaction Analysis

Overview

On September 14, 2026, a Form 4 was filed on behalf of Melanie Healey, a member of the Board of Directors of PPG Industries Inc ($PPG), reporting an acquisition of derivative securities.

Key Details

• Transaction Date: September 11, 2026
• Security: Phantom Stock Units (convertible 1-for-1 into Common Stock after termination of service)
• Transaction Code: A (Grant, award, or other acquisition)
• Shares Acquired: 61.8017 units
• Price per Unit: $105.50
• Total Transaction Value: $6,520.08
• Ending Ownership: 6,052.30 phantom stock units
• Ownership Type: Direct

Analysis & Context

The transaction reflects an allocation of phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan for Directors. These routine allocations commonly represent deferred director fees or dividend equivalents credited to the director's account. Because this is a small, routine transaction executed through a structured deferred compensation plan rather than an open-market purchase or sale, it carries Low trading significance for market participants.