PPG Industries Director Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) Insider: Michael W. Lamach (Director) Type: Acquisition (Phantom Stock Units) Shares: 145.5612 @ $105.50 Total Value: $15,356.71 Shares Held After: 16,173.3187 Date: 2026-09-11
Comprehensive Analysis
Transaction Summary
PPG Industries, Inc. ($PPG) Director Michael W. Lamach acquired 145.5612 Phantom Stock Units on September 11, 2026, at an effective price of $105.50 per share, representing a total transaction value of approximately $15,356.71.
Filing Details
- Security: Phantom Stock Units (converts to common stock on a 1-for-1 basis after termination of service as a Director).
- Transaction Code:
A(Grant, award, or other acquisition pursuant to Rule 16b-3(d)). - Plan Details: Units held under the PPG Industries, Inc. Deferred Compensation Plan for Directors.
- Post-Transaction Holdings: 16,173.3187 Phantom Stock Units held directly.
Market Significance
This transaction is categorized as Low trading significance as it represents routine deferred compensation accrual for board service rather than an open-market purchase or discretionary trading signal.
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Important Disclaimer
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