Hagerty Chancey E. 4/A
Research Summary
AI-generated summary
PPG Sr. VP Chancey E. Hagerty Withholds 546 Shares for Taxes
What Happened
Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries (PPG), had 546 shares withheld to cover tax liability related to an equity event. The shares were withheld at $128.25 per share for a total value of $70,025. This filing reports a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-18
- Price per share: $128.25; Shares withheld/disposed: 546; Total value: $70,025
- Shares owned after transaction: not specified in the provided amendment
- Footnote: Amendment filed to correct the number of shares withheld for tax liability (original Form 4 was filed Feb 20, 2026); this filing is an amendment dated Feb 24, 2026 (F1).
- Nature of transaction: tax withholding (code F) — shares were retained to satisfy tax obligations, not sold on the open market.
Context
Tax-withholding/withheld-share entries commonly follow option exercises or restricted stock vesting and are administrative in nature; they do not necessarily signal a change in the insider's view of the company. This amendment corrects an earlier reporting error and provides the accurate number of shares withheld.