PPG Industries Senior VP Acquires Phantom Stock Units
PPG INDUSTRIES INC
Subscribe to track PPG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
📊 PPG Industries Inc ($PPG) Insider: Hagerty Chancey E. (Sr. VP, Perf Coatings Segment) Filing Date: 2026-10-01 | Transaction Date: 2026-09-30
Type: Acquisition (Award/Plan Allocation) Security: Phantom Stock Units Shares: 16.6716 @ $104.33 Value: ~$1,739.35 Post-Transaction Holdings: 287.3602 units
Significance: Low (Routine deferred compensation plan acquisition)
Comprehensive Analysis
PPG Industries Inc ($PPG) Insider Filing Overview
Reporting Insider: Chancey E. Hagerty, Senior Vice President, Performance Coatings Segment
Transaction Date: September 30, 2026
Filing Date: October 1, 2026
Key Transaction Details
- Security: Phantom Stock Units
- Transaction Code:
A(Grant, award, or other acquisition pursuant to an employee benefit plan) - Shares Acquired: 16.6716 units
- Price per Unit: $104.33
- Total Transaction Value: $1,739.35
- Ownership After Transaction: 287.3602 units held directly
Transaction Nature & Context
According to the footnotes, these phantom stock units were acquired through the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units convert to common stock on a one-for-one basis upon termination of employment. The units represent interests in an unfunded unitized company stock fund composed of cash and stock.
Trading Significance
This transaction is classified as Low significance. It represents a routine, small-scale acquisition under a deferred compensation plan rather than an open-market discretionary purchase or sale.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
