Foulkes Anne M. 4
Research Summary
AI-generated summary
PPG (PPG) Sr. VP Anne Foulkes Receives Award of 0.326 Shares
What Happened
- Anne M. Foulkes, Senior Vice President, Legal & Special Projects at PPG Industries, was granted 0.326 shares (derivative/phantom stock units) on 2026-03-13. The grant is reported at a per-share price of $101.89 for a total value of approximately $33. This was an award (compensation-related), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-13 at $101.89 per share; total value ≈ $33.
- Filing date / report period: Form 4 filed 2026-03-16 reporting the 2026-03-13 transaction.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: The security converts to common stock on a one-for-one basis.
- F3: These are phantom stock units in PPG’s Deferred Compensation Plan (units represent interests in a fund of stock and cash; the number attributed can change with fair market value).
- F2: Indicates distribution/conversion occurs after termination of employment.
- Filing timeliness: No indication in the filing that it was late.
Context
- This was a small, routine compensation award of derivative (phantom) stock units rather than a market buy or sale. Phantom units reflect deferred compensation and may convert to common shares (1:1) or cash on specified conditions; they do not necessarily reflect an immediate bullish or bearish insider action.