PPG Industries Director Michael Nally Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) Insider: Michael Nally (Director) Filing Date: 2026-09-14 | Tx Date: 2026-09-11 Type: Acquisition (Deferred Compensation Grant) Security: Phantom Stock Units Shares: 98.0881 @ $105.50 (~$10,348.29) Post-Tx Holdings: 10,436.9316 units
Comprehensive Analysis
Executive Summary
On September 14, 2026, PPG Industries, Inc. filed a Form 4 for Director Michael Nally reporting the acquisition of 98.0881 Phantom Stock Units on September 11, 2026, priced at $105.50 per share, totaling approximately $10,348.29.
Transaction Analysis
- Nature of Transaction: The transaction reflects an award/credit of phantom stock units acquired under the PPG Industries, Inc. Deferred Compensation Plan for Directors.
- Significance: This is a routine deferred compensation credit rather than an open-market purchase or discretionary trading activity. Total transaction value is small (~$10.3k).
- Holdings Post-Transaction: Following this transaction, Michael Nally holds 10,436.9316 phantom stock units directly.
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