PPG Industries Chairman & CEO Timothy M. Knavish Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
📊 Form 4 Filing: PPG INDUSTRIES INC ($PPG) Insider: Knavish Timothy M (Chairman and CEO) Transaction: Acquisition of 99.95 Phantom Stock Units at $105.50/share ($10,544.98) Post-Transaction Holdings: 12,837.14 Phantom Stock Units Significance: Low (Deferred Compensation Plan)
Comprehensive Analysis
Insider Filing Analysis: PPG Industries Inc. (NYSE: PPG)
Executive Summary
On September 11, 2026, Timothy M. Knavish, Chairman and CEO of PPG Industries Inc., acquired 99.9524 Phantom Stock Units at an effective price of $105.50 per unit, totaling approximately $10,545. Following the transaction, Knavish holds 12,837.1364 Phantom Stock Units in the company's Deferred Compensation Plan.
Key Details
- Security Type: Derivative Security (Phantom Stock Units)
- Transaction Code:
A(Grant, award, or other acquisition) - Plan Details: Units convert to common stock on a 1-for-1 basis following termination of employment under the PPG Industries, Inc. Deferred Compensation Plan.
- Direct/Indirect: Direct
Market Context & Significance
This transaction is classified as Low Significance from an investment signaling perspective, as it reflects routine participation and crediting under the company's executive deferred compensation program rather than an open-market purchase or sale.
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Important Disclaimer
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