PPG Industries Insider Acquires Phantom Stock Units Under Deferred Compensation Plan
PPG INDUSTRIES INC
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Filing Summary
# PPG Industries Inc (PPG) Form 4 Filing
**Insider:** Braun Kevin D.
**Title:** Sr VP, Operations
**Transaction Date:** 2026-09-30
**Filing Date:** 2026-10-01
### Transaction Summary
- **Security:** Phantom Stock Units
- **Type:** Acquisition (Code: A)
- **Amount:** 25.0137 units
- **Price:** $104.33
- **Total Value:** ~$2,609.68
- **Post-Transaction Holdings:** 977.4027 units
- **Significance:** Low (Deferred Compensation Plan accrual)
Comprehensive Analysis
Executive Summary
On October 1, 2026, PPG Industries, Inc. (NYSE: PPG) filed a Form 4 on behalf of Kevin D. Braun, Senior Vice President of Operations. The report discloses an acquisition of 25.0137 Phantom Stock Units on September 30, 2026, at a price of $104.33 per unit, representing a total value of approximately $2,609.68. Following the transaction, Mr. Braun holds 977.4027 phantom stock units.
Transaction Details
- Security Title: Phantom Stock Units
- Transaction Code: 'A' (Grant, award, or other acquisition)
- Shares/Units Acquired: 25.0137
- Price per Unit: $104.33
- Aggregate Value: $2,609.68
- Ownership Type: Direct
- Ending Balance: 977.4027 units
Context & Plan Information
According to the footnotes:
- The phantom stock units convert to common stock on a 1-for-1 basis upon termination of employment with PPG.
- The units are held under the PPG Industries, Inc. Deferred Compensation Plan, which represents interests in an unfunded unitized company stock fund composed of stock and cash.
- Due to the small dollar amount and routine nature of deferred compensation plan allocations, this transaction carries low trading significance and does not reflect open-market discretionary sentiment.
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