PPG Industries Chairman & CEO Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
š PPG Industries Inc. ($PPG) š¤ Timothy M. Knavish (Chairman and CEO) š Filing Date: October 16, 2026
Transaction Details: ⢠Type: Acquisition (Award/Deferred Comp) ⢠Security: Phantom Stock Units ⢠Shares: 29.1145 ⢠Price: $107.81 ⢠Total Value: ~$3,138.83 ⢠Shares Held After: 12,937.5456 phantom stock units
Significance: Low (Routine deferred compensation plan crediting)
Comprehensive Analysis
Executive Transaction Summary: PPG Industries Inc. ($PPG)
Overview
On October 15, 2026, Timothy M. Knavish, Chairman and Chief Executive Officer of PPG Industries Inc., acquired 29.1145 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan at an effective price of $107.81 per share, totaling approximately $3,138.83.
Key Details
- Insider: Timothy M. Knavish (Chairman and CEO, Director)
- 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) - Post-Transaction Holdings: 12,937.5456 phantom stock units held directly in the Deferred Compensation Plan
Market & Trading Significance
This transaction reflects routine participation in the issuer's Deferred Compensation Plan rather than an open-market purchase or discretionary directional trade. Due to the small dollar amount ($3,138.83) and the programmatic nature of deferred compensation credits, this event carries Low trading significance.
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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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