PPG Industries Chairman & CEO Timothy M. Knavish Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) Form 4 Filing Update Insider: Timothy M. Knavish (Chairman and CEO) Transaction: Acquisition of 35.8994 Phantom Stock Units @ $104.89 Total Value: $3,765.49 Significance: Low (Routine Deferred Compensation Plan acquisition)
Comprehensive Analysis
PPG Industries, Inc. ($PPG) Insider Filing Analysis
Executive Overview: Timothy M. Knavish, Chairman and Chief Executive Officer of PPG Industries, Inc., reported the acquisition of 35.8994 Phantom Stock Units on September 15, 2026, at a price of $104.89 per unit, totaling approximately $3,765.49.
Transaction Details:
- Security: Phantom Stock Units (convertible 1-for-1 to Common Stock upon termination)
- Transaction Code:
A(Award / Acquisition via Deferred Compensation Plan) - Post-Transaction Holdings: 12,873.0358 phantom stock units held directly in the PPG Industries, Inc. Deferred Compensation Plan.
Market & Trading Significance: This transaction reflects routine, plan-based acquisition of phantom stock units within the company's deferred compensation framework rather than an open-market purchase. Given the nominal value and automated nature of the plan contribution, the trading significance is rated Low.
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