PPG Industries Senior VP Kevin D. Braun Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
Form 4 Alert: PPG INDUSTRIES INC ($PPG) • Insider: Kevin D. Braun (Sr VP, Operations) • Transaction: Acquisition of 17.63 Phantom Stock Units at $107.81 ($1,901.18) • Date: 2026-10-15 • Post-Transaction Holdings: 995.04 Phantom Stock Units • Significance: Low (Routine Deferred Compensation Plan allocation)
Comprehensive Analysis
Transaction Overview
On October 15, 2026, Kevin D. Braun, Senior Vice President of Operations at PPG Industries, Inc. ($PPG), acquired 17.6345 phantom stock units at a price of $107.81 per share, representing an aggregate value of approximately $1,901.18.
Filing Details
- Security Type: Phantom Stock Units (convertible to common stock on a 1-for-1 basis upon termination of employment).
- Nature of Transaction: Code 'A' acquisition under the PPG Industries, Inc. Deferred Compensation Plan.
- Holdings Post-Transaction: Following the acquisition, the reporting person directly holds 995.0372 phantom stock units in the plan.
Market Impact & Significance
This transaction carries Low trading significance. It reflects an automated or periodic crediting of phantom stock units within the company's unfunded deferred compensation plan rather than an open-market purchase or discretionary trade.
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