PPG Industries Chairman & CEO Timothy M. Knavish Acquires Phantom Stock Units via Deferred Comp Plan
PPG INDUSTRIES INC
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Filing Summary
📋 PPG Industries Inc ($PPG) Form 4 Filing Update
Insider: Timothy M. Knavish (Chairman and CEO) Transaction Date: 2026-10-30 Security: Phantom Stock Units Action: Acquisition (Code A) Shares Transacted: 15.77 Price: $119.52 Total Value: ~$1,884.78 Post-Transaction Holdings: 12,953.32 units Significance: Low (Routine deferred compensation contribution)
Comprehensive Analysis
PPG Industries Inc ($PPG) Form 4 Insider Filing Analysis
Transaction Overview
On October 30, 2026, Timothy M. Knavish, Chairman and Chief Executive Officer of PPG Industries Inc, acquired 15.7696 phantom stock units at a price of $119.52 per share under the PPG Industries, Inc. Deferred Compensation Plan. The total value of the transaction is approximately $1,884.78.
Key Findings
- Security Details: The transaction involves derivative phantom stock units, which convert to common stock on a 1-for-1 basis following the reporting person's termination of employment.
- Transaction Nature: Coded as 'A' (grant, award, or other acquisition), reflecting an ongoing contribution or unitized fund rebalancing within the company's unfunded deferred compensation plan.
- Holding Impact: Following this transaction, Mr. Knavish holds 12,953.3152 phantom stock units in the deferred compensation plan.
Market & Trading Significance
This transaction represents a routine, small-scale deferred compensation plan allocation. Given the nominal dollar value ($1,884.78) and automatic nature of deferred compensation plan balances, this filing carries Low trading significance and provides no directional signal on insider sentiment.
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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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