PPG Industries CFO Jamie A. Beggs Acquires Phantom Stock Units
PPG INDUSTRIES INC
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Filing Summary
PPG Industries, Inc. (PPG) Form 4 Filing Update Reporting Owner: Jamie A. Beggs (Senior VP & CFO) Transaction Date: 2026-10-30 Security: Phantom Stock Units Action: Acquisition (Code A) Shares: 8.2962 @ $119.52 (~$991.56) Post-Transaction Ownership: 63.4368 phantom shares Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Executive Summary
On November 2, 2026, PPG Industries, Inc. filed a Form 4 on behalf of Senior VP & CFO Jamie A. Beggs, reporting the acquisition of 8.2962 phantom stock units under the company's Deferred Compensation Plan on October 30, 2026.
Transaction Details
- Security: Phantom Stock Units (converts 1-for-1 to Common Stock upon termination of employment)
- Transaction Code: A (Award/Acquisition)
- Units Acquired: 8.2962
- Unit Price: $119.52
- Total Transaction Value: ~$991.56
- Beneficial Ownership Following Transaction: 63.4368 phantom stock units
Market Impact & Significance
The filing represents a minor, routine acquisition of phantom stock units within the company's deferred compensation plan. Because this represents an automated or plan-based compensation allocation of de minimis monetary value rather than an open-market transaction, its trading significance is Low.
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Important Disclaimer
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