Hagerty Chancey E. 4
4 · PPG INDUSTRIES INC · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
PPG Sr. VP Chancey Hagerty Receives Phantom Stock Award
What Happened
Hagerty Chancey E., Senior Vice President, Automotive Refinish Coatings at PPG Industries, received a derivative award on 2026-03-31: 0.058 phantom shares credited at $106.88 each, with a reported total value of approximately $6. This filing reflects an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-31; 0.058 units at $106.88 per share (reported value ≈ $6).
- Transaction type: Award/Grant of derivative security (phantom stock unit) — code A.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: The security converts to common stock on a one-for-one basis.
- F2: Conversion/related terms may apply after termination of employment.
- F3: Phantom stock units are held in PPG’s Deferred Compensation Plan and reflect interests in a unitized stock/cash fund; the credited share amount may fluctuate with the fund’s fair market value and cash balance.
- Filing timeliness: Reported on 2026-04-01 for a 2026-03-31 transaction; the filing does not indicate a late report.
Context
This was a small deferred-compensation award (phantom stock unit), not a cash purchase or sale. Phantom units track the value of company stock and typically convert or pay out under plan terms (sometimes upon separation), so this award alone is not a strong market signal.
Insider Transaction Report
Form 4
Hagerty Chancey E.
Sr. VP, Auto. Refinish Ctgs.
Transactions
- Award
Phamtom Stock Units
[F1][F2][F3]2026-03-31$106.88/sh+0.058$6→ 188.834 total→ Common Stock (0.058 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|2026-04-01