PPG Industries Officer Chancey E. Hagerty Files Form 144 to Sell $318K in Stock
PPG INDUSTRIES INC
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Filing Summary
š Form 144 Notice of Proposed Sale: PPG Industries Inc ($PPG) ⢠Insider: Chancey E. Hagerty (Officer) ⢠Shares to Sell: 2,500 ⢠Aggregate Market Value: $317,862.50 (~$127.15/share) ⢠Acquisition Source: Stock Option Exercise (Cash payment to Issuer) ⢠Approximate Date of Sale: November 4, 2026 ⢠Broker: Fidelity Brokerage Services LLC
Comprehensive Analysis
Executive Summary
On November 4, 2026, Chancey E. Hagerty, an Officer at PPG Industries Inc ($PPG), filed a Form 144 notice of proposed sale covering 2,500 shares of common stock with an estimated aggregate market value of $317,862.50 (approximately $127.15 per share).
Transaction Overview
- Filer: Chancey E. Hagerty
- Role: Officer
- Securities: Common Stock
- Volume: 2,500 shares
- Total Value: $317,862.50
- Acquisition Details: The shares were acquired on November 4, 2026, through a cash stock option exercise directly from the issuer.
- Broker: Fidelity Brokerage Services LLC
Market Impact & Significance
This planned disposition carries Low trading significance:
- Materiality: The proposed sale of 2,500 shares represents less than 0.001% of PPG Industries' 220,900,000 outstanding shares.
- Nature of Transaction: The transaction is tied directly to a concurrent same-day stock option exercise, a routine liquidity practice among corporate executives for compensation realization and tax coverage.
- Prior History: The filer indicated no other securities sales during the preceding three months.
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