PPG Officer Acquires Phantom Stock Units via Deferred Compensation Plan
PPG INDUSTRIES INC
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Filing Summary
š Insider Filing Alert: PPG INDUSTRIES INC ($PPG) ⢠Insider: Juliane M. Hefel (Sr. VP, Ind Coatings & Sp Prod) ⢠Filing Date: 2026-10-01 | Transaction Date: 2026-09-30 ⢠Type: Grant / Acquisition (Code A) ⢠Security: Phantom Stock Units ⢠Shares: 2.0395 @ $104.33 (~$212.78) ⢠Post-Transaction Holdings: 1,430.3696 units ⢠Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Executive Transaction Summary
Reporting Person: Juliane M. Hefel, Senior Vice President of Industrial Coatings & Special Products at PPG Industries, Inc. ($PPG).
Transaction Overview:
- Date of Transaction: September 30, 2026
- Security: Phantom Stock Units (convertible to common stock on a 1-for-1 basis following termination of employment)
- Transaction Code:
A(Grant, award, or other acquisition) - Amount: 2.0395 units at a price of $104.33 per unit, totaling approximately $212.78
- Beneficial Ownership Post-Transaction: 1,430.3696 phantom stock units held directly in the PPG Industries, Inc. Deferred Compensation Plan
Analytical Commentary
This transaction represents a routine, de minimis acquisition of phantom stock units within the company's unfunded unitized deferred compensation plan. Because this reflects an administrative or formulaic plan allocation rather than an open-market discretionary purchase, it carries low trading significance for outside investors.
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