Ericson Amy R. 4

What Happened

• Amy R. Ericson, Senior Vice President, P&M Coatings at PPG Industries, received an award of 1.602 phantom stock units on 2026-03-12. The units are recorded at $100.73 each, for a total value of about $161. This was an award/grant (derivative), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-13 (filed next day).
• Units awarded: 1.602 phantom stock units at $100.73 per unit — total ≈ $161.
• Transaction type: Award/Grant (derivative interest in deferred compensation plan).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Each unit converts to common stock on a one-for-one basis.
  • F2: Notes conversion/payout may occur after termination of employment.
  • F3: Units are "phantom stock" in PPG's Deferred Compensation Plan (unfunded, unitized fund that tracks stock and cash).
• Filing appears timely (reported the next day); no 10b5-1 or tax-withholding notes shown.

Context

• Phantom stock units are a form of deferred compensation that track the value of company shares; they are not immediately tradable common stock and typically pay out in cash or stock according to plan terms. Such awards are routine forms of executive compensation and do not, by themselves, indicate the insider is buying or selling shares in the open market.