PPG Industries CFO Jamie Beggs Acquires Phantom Stock Units via Deferred Compensation
PPG INDUSTRIES INC
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Filing Summary
PPG Industries Inc. ($PPG) Insider: Beggs Jamie A. (Senior VP & CFO) Filing Date: 2026-10-16 | Transaction Date: 2026-10-15 Type: Acquisition (Deferred Compensation Plan) Security: Phantom Stock Units Shares: 9.25 @ $107.81 Value: ~$997.24 Post-Transaction Holdings: 55.1406 units Significance: Low
Comprehensive Analysis
Executive Summary
On October 16, 2026, PPG Industries, Inc. ($PPG) filed a Form 4 disclosing that Senior Vice President and Chief Financial Officer Jamie A. Beggs acquired 9.25 phantom stock units on October 15, 2026. The transaction occurred at an implied price of $107.81 per share, totaling approximately $997.24.
Transaction Analysis
- Mechanism: The acquisition was executed under the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units convert into common stock on a one-for-one basis upon termination of employment.
- Transaction Size: At 9.25 units (~$997), the transaction represents routine deferred compensation accruals rather than open-market discretionary buying.
- Post-Transaction Holdings: Following the transaction, Beggs directly holds 55.1406 phantom stock units in the deferred compensation plan.
Market & Trading Significance
This transaction has Low market significance due to its nominal value and administrative nature under an ongoing executive deferred compensation plan.
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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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