PPG Industries Insider Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
š Form 4 Filing Alert: PPG INDUSTRIES INC ($PPG) š¤ Insider: Massy Robert L. (Sr. VP and Chief HR Officer) š Transaction Date: September 11, 2026 š Transaction Type: Acquisition (Grant / Deferred Comp) š Shares: 1.3645 Phantom Stock Units @ $105.50 (~$143.95) š¼ Post-Transaction Holdings: 174.9249 Phantom Stock Units ā” Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Insider Transaction Summary
- Company: PPG INDUSTRIES INC ($PPG)
- Reporting Insider: Robert L. Massy, Sr. VP and Chief HR Officer
- Filing Date: September 14, 2026
- Transaction Date: September 11, 2026
- Security: Phantom Stock Units
- Transaction Type: Acquisition (Code A)
- Shares Acquired: 1.3645 units
- Price per Unit: $105.50
- Total Transaction Value: ~$143.95
- Post-Transaction Beneficial Ownership: 174.9249 units
Transaction Analysis
The transaction represents a routine allocation of phantom stock units under PPG Industries, Inc.'s Deferred Compensation Plan. Phantom stock units convert to common stock on a one-for-one basis following termination of employment. Given the nominal transaction amount (~$144) and the automatic/compensatory nature of the deferred compensation plan, this transaction carries low market and trading significance.
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