PPG Industries Chairman & CEO Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc. ($PPG) - Form 4 Filing Summary Insider: Timothy M. Knavish (Chairman and CEO) Transaction Date: September 30, 2026 Type: Acquisition (Award/Deferred Compensation) Security: Phantom Stock Units Shares: 35.3953 @ $104.33 ($3,692.79 total value) Post-Transaction Holdings: 12,908.4311 Phantom Stock Units Significance: Low (Routine quarterly deferred compensation plan allocation)
Comprehensive Analysis
Overview
On October 1, 2026, PPG Industries, Inc. ($PPG) filed a Form 4 detailing an acquisition of phantom stock units by Chairman and Chief Executive Officer Timothy M. Knavish. The transaction was executed on September 30, 2026.
Transaction Details
- Security: Phantom Stock Units (convertible to common stock on a 1-for-1 basis)
- Shares Acquired: 35.3953 units
- Price per Unit: $104.33
- Total Transaction Value: $3,692.79
- Transaction Code:
A(Award/Grant) - Post-Transaction Holdings: 12,908.4311 phantom stock units held directly
Context & Significance
This transaction represents an automatic or routine credit under the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units reflect interests in an unfunded unitized company stock fund payable after termination of employment. Given the nominal dollar amount (~$3.7K) and routine nature of deferred compensation plan credits, this filing carries Low trading significance and does not reflect discretionary open-market buying or selling.
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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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