PPG Senior VP Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
PPG Industries, Inc. ($PPG) Insider: Hagerty Chancey E. (Sr. VP, Perf Coatings Segment) Transaction: Acquisition of 1.7762 Phantom Stock Units at $105.50 ($187.39 total) Date: 2026-09-11 Post-Transaction Holdings: 254.0532 units Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Executive Summary
On September 14, 2026, PPG Industries, Inc. filed a Form 4 detailing an acquisition of phantom stock units by Chancey E. Hagerty, Senior Vice President of the Performance Coatings Segment.
Transaction Details
- Security: Phantom Stock Units
- Transaction Code:
A(Grant, award, or other acquisition) - Transaction Date: September 11, 2026
- Volume: 1.7762 units
- Price per Unit: $105.50
- Total Transaction Value: ~$187.39
- Direct Beneficial Ownership Post-Transaction: 254.0532 units
Footnote Insights
- The phantom stock units convert to common stock on a 1-for-1 basis after termination of employment with PPG.
- Units are held within the PPG Industries, Inc. Deferred Compensation Plan, which represents an unfunded unitized company stock fund comprising stock and cash.
Market and Trading Context
This filing reflects a nominal routine allocation under the company's deferred compensation plan. Because the transaction size is minimal ($187.39) and automated pursuant to benefit plan rules, it carries low predictive value for PPG's stock performance.
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Important Disclaimer
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