PPG Industries Executive Acquires Phantom Stock Units via Deferred Comp Plan

Executive Summary

On October 30, 2026, Alisha Bellezza, Senior Vice President of the Industrial Coatings Segment at PPG Industries Inc ($PPG), acquired 14.8305 phantom stock units at a price of $119.52 per unit, totaling approximately $1,772.54. The transaction was reported via Form 4 filed on November 2, 2026.

Transaction Breakdown

• Security: Phantom Stock Units (convertible to common stock on a 1-for-1 basis upon termination of employment).
• Nature of Transaction: Acquired via the PPG Industries, Inc. Deferred Compensation Plan.
• Volume & Value: 14.8305 units at $119.52, representing an aggregate value of ~$1,772.54.
• Holdings Post-Transaction: Following this entry, the reporting person directly holds 201.0404 phantom stock units in the plan.

Market Significance & Sentiment

The trading significance of this filing is categorized as Low. Phantom stock unit allocations under executive deferred compensation plans are routine, programmatic, and typically reflect regular plan contributions or dividend reinvestments rather than open-market discretionary sentiment.