PPG Director Chris Roberts III Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
📊 Form 4 Filing Alert: PPG INDUSTRIES INC ($PPG) Insider: Roberts III Chris (Director) Action: Acquisition (Code A) Security: Phantom Stock Units Shares: 45.432 @ $105.50 ($4,793.08 total value) Shares Held After: 4,074.2679 Filing Date: 2026-09-14
Comprehensive Analysis
Transaction Overview
On September 11, 2026, Chris Roberts III, a Director at PPG INDUSTRIES INC ($PPG), acquired 45.432 Phantom Stock Units at a price of $105.50 per unit, representing a total transaction value of approximately $4,793.08.
Filing Details
- Security: Phantom Stock Units (converts to Common Stock on a 1-for-1 basis after termination of service)
- Nature of Transaction: Acquired via the PPG Industries, Inc. Deferred Compensation Plan for Directors (Transaction Code A)
- Ownership After Transaction: 4,074.2679 Phantom Stock Units held directly
- Trading Significance: Low — This transaction represents a routine deferred compensation accrual under the company's director compensation plan and carries minimal market significance.
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