PPG Industries CHRO Robert L. Massy Acquires Phantom Stock in Deferred Comp Plan

PPG Industries Inc ($PPG) Form 4 Filing Analysis

Summary

On October 1, 2026, Robert L. Massy, Senior Vice President and Chief Human Resources Officer of PPG Industries, Inc., filed a Form 4 reporting the acquisition of 16.2218 Phantom Stock Units on September 30, 2026. The transaction occurred at an implicit price of $104.33 per share, amounting to a total transaction value of approximately $1,692.42.

Transaction Details

• Security: Phantom Stock Units (converts to Common Stock on a 1-for-1 basis following termination of employment)
• Transaction Code: A (Acquisition)
• Shares Acquired: 16.2218
• Price Per Share: $104.33
• Total Transaction Value: $1,692.42
• Post-Transaction Beneficial Ownership: 207.2905 Phantom Stock Units

Context and Significance

This transaction reflects an automatic or routine quarterly/periodic credit to the reporting person's account within the PPG Industries, Inc. Deferred Compensation Plan. Because this is an unfunded unitized company stock fund allocation rather than an open-market purchase or discretionary trading action, it carries Low trading significance for market participants.