PPG Industries Insider Acquires Phantom Stock Units via Deferred Compensation Plan
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) – Form 4 Filing Update
• Insider: Kevin D. Braun (Sr VP, Operations) • Transaction: Acquisition (Code A) of 7.1337 Phantom Stock Units at $105.50/share • Total Value: ~$752.61 • Direct Ownership After: 933.815 Phantom Stock Units • Details: Routine acquisition under the PPG Industries, Inc. Deferred Compensation Plan.
Comprehensive Analysis
Executive Summary
On September 14, 2026, PPG Industries, Inc. ($PPG) filed a Form 4 disclosing that Kevin D. Braun, Senior Vice President of Operations, acquired 7.1337 Phantom Stock Units on September 11, 2026, at a price of $105.50 per share, representing a transaction value of approximately $752.61.
Transaction Details
- Security: Phantom Stock Units (convertible 1-for-1 to Common Stock upon termination of employment)
- Transaction Code:
A(Grant/Award under an employee benefit or deferred compensation plan) - Acquired Amount: 7.1337 units
- Price Per Share: $105.50
- Post-Transaction Holdings: 933.815 phantom stock units in the Deferred Compensation Plan
Significance & Market Impact
This transaction represents a routine, low-dollar acquisition associated with the company's Deferred Compensation Plan. Because it reflects an automated or standard deferred compensation credit rather than an open-market discretionary purchase, it carries Low trading significance and provides minimal signal regarding future stock performance.
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Important Disclaimer
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