PPG Industries Officer Acquires Phantom Stock Units via Deferred Compensation Plan
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc ($PPG) – Form 4 Filing Summary • Insider: Robert L. Massy (Sr. VP and Chief HR Officer) • Transaction Date: September 15, 2026 • Type: Acquisition (Transaction Code 'A') • Security: Phantom Stock Units • Amount: 16.1438 units @ $104.89 ($1,693.32) • Post-Transaction Holdings: 191.0687 units • Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Transaction Analysis: PPG Industries Inc ($PPG)
Overview
On September 16, 2026, Robert L. Massy, Senior Vice President and Chief Human Resources Officer of PPG Industries Inc, reported an acquisition of phantom stock units under the company's Deferred Compensation Plan.
Key Details
- Transaction Date: September 15, 2026
- Security: Phantom Stock Units (converts to common stock on a 1-for-1 basis following termination of employment)
- Units Acquired: 16.1438
- Price Per Share: $104.89
- Total Transaction Value: ~$1,693.32
- Resulting Ownership: 191.0687 phantom stock units held directly
Significance & Market Impact
- Significance Level: Low
- Context: The transaction represents routine automatic reinvestment/allocation into the PPG Industries, Inc. Deferred Compensation Plan. Because the transaction size is negligible (~$1.7K) and represents an internal deferred compensation program rather than an open-market purchase, it carries minimal market signaling value.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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