Hagerty Chancey E. 4
4 · PPG INDUSTRIES INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
PPG SVP Chancey E. Hagerty Receives 0.104-Share Award
What Happened
- Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries (PPG), received an award of 0.104 shares (derivative/phantom stock) on 2026-03-13. The award is recorded at $101.89 per share for a total value of approximately $11.
- This was an award/grant (not an open-market purchase or sale). The filing classifies the instrument as a derivative (phantom stock unit) rather than immediate common-stock acquisition.
Key Details
- Transaction date and price: 2026-03-13 at $101.89 per share; total value ≈ $11.
- Transaction type: Award/Grant (derivative/phantom stock unit).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The phantom security converts to common stock on a one-for-one basis.
- F2: Conversion/payment is tied to events after termination of employment.
- F3: The units are part of PPG’s Deferred Compensation Plan (phantom stock units that track a unitized stock-and-cash fund and may change in number/value with fair market value).
- Filing timeliness: The Form 4 was filed on 2026-03-16 for the 2026-03-13 transaction; the filing does not indicate a late-report flag.
Context
- This transaction is a routine equity compensation award (phantom stock) under PPG’s deferred compensation plan, not a market buy or sell. Phantom units represent an unfunded interest that can convert to stock (or be paid in cash/stock per plan terms), and their value/units may fluctuate with the fund’s value. Such awards are part of compensation and do not by themselves indicate the insider’s market view.
Insider Transaction Report
Form 4
Hagerty Chancey E.
Sr. VP, Auto. Refinish Ctgs.
Transactions
- Award
Phamtom Stock Units
[F1][F2][F3]2026-03-13$101.89/sh+0.104$11→ 188.776 total→ Common Stock (0.104 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 Chancey E. Hagerty|2026-03-16