PPG Industries Officer Acquires Phantom Stock via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) – Form 4 Insider Filing
Insider: Chancey E. Hagerty (Sr. VP, Perf Coatings Segment) Transaction Date: September 15, 2026 Type: Acquisition (Code A - Deferred Compensation) Security: Phantom Stock Units Shares Transacted: 16.6354 @ $104.89 Total Value: ~$1,744.89 Post-Transaction Holdings: 270.6886 Phantom Units
Significance: Low (Routine deferred compensation plan allocation).
Comprehensive Analysis
PPG Industries Inc ($PPG) Form 4 Transaction Analysis
Reporting Officer: Chancey E. Hagerty, Senior Vice President, Performance Coatings Segment
Filing Date: September 16, 2026
Transaction Date: September 15, 2026
Transaction Summary
- Security: Phantom Stock Units
- Transaction Code:
A(Acquisition) - Shares Acquired: 16.6354 units
- Price Per Share: $104.89
- Total Dollar Amount: $1,744.89
- Ownership After Transaction: 270.6886 Phantom Stock Units held directly
Context & Assessment
- Nature of Transaction: The transaction represents an allocation of phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units convert to common stock on a 1-for-1 basis following termination of employment.
- Significance: Low. This is an automated/routine deferred compensation accrual involving a negligible dollar amount ($1,744.89) and does not represent an open-market purchase or discretionary directional trading signal.
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