PPG INDUSTRIES INC·4

Feb 2, 2:49 PM ET

Bellezza Alisha 4

4 · PPG INDUSTRIES INC · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Sr. VP Alisha Bellezza Receives 0.435-Share Award

What Happened

  • Alisha Bellezza, Senior Vice President, Automotive Coatings at PPG Industries (PPG), received a derivative award on 2026-01-30: 0.435 shares at an attributable price of $115.63 per share, totaling $50. The award is reported as a derivative/phantom stock acquisition (code A).

Key Details

  • Transaction date: 2026-01-30; Filing date (Form 4): 2026-02-02 (filed timely).
  • Price/value: $115.63 per share; total reported value $50.
  • Shares received: 0.435 phantom/derivative shares (converts to common stock on a one-for-one basis — F1).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 (one-for-one conversion to common stock); F3 (units are phantom stock units in the PPG Deferred Compensation Plan — unfunded interests that track stock and cash). F2 references post-termination treatment.
  • Transaction type: Award/grant (routine compensation), not an open-market purchase or sale.

Context

  • Phantom stock units are part of a deferred compensation plan and represent a claim on the economic value of shares rather than immediate issued common stock; they typically do not convey voting rights until converted and are often used for executive compensation.
  • The reported dollar amount is small ($50), suggesting a routine plan credit rather than a material insider investment signal.

Insider Transaction Report

Form 4
Period: 2026-01-30
Bellezza Alisha
Sr. VP, Automotive Coatings
Transactions
  • Award

    Phantom Stock Units

    [F1][F2][F3]
    2026-01-30$115.63/sh+0.435$50156.355 total
    Common Stock (0.435 underlying)
Footnotes (3)
  • [F1]The security converts to common stock on a one-for-one basis.
  • [F2]After termination of employment with PPG.
  • [F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Alisha E. Bellezza|2026-02-02

Documents

1 file
  • 4
    wk-form4_1770061758.xmlPrimary

    FORM 4