PPG INDUSTRIES INC·4

Apr 16, 2:50 PM ET

Bellezza Alisha 4

4 · PPG INDUSTRIES INC · Filed Apr 16, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Sr. VP Alisha Bellezza Receives Phantom Stock Award

What Happened

  • Alisha Bellezza, Senior Vice President, Automotive Coatings at PPG Industries, was granted 0.657 phantom stock units (derivative award) on 2026-04-15. The grant was recorded at $107.72 per share, a notional value of about $70.77 (rounded to $71). The filing (Form 4) was submitted on 2026-04-16.

Key Details

  • Transaction type: Award/Grant (code A); treated as a derivative (phantom stock unit).
  • Date of transaction: 2026-04-15; Form 4 filed: 2026-04-16 (timely).
  • Price used: $107.72 per share; total notional value ≈ $70.77 (~$71).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes of note:
    • F1: The phantom unit converts to common stock on a one-for-one basis.
    • F2: Conversion/distribution occurs after termination of employment.
    • F3: Units are part of the PPG Deferred Compensation Plan (phantom stock units reflect interests in a fund of stock and cash and may change in number/value without the reporting person’s action).

Context

  • This is a small, non-cash deferred-compensation award (phantom stock), not an open-market purchase or sale; such awards are common for executive compensation and do not necessarily signal a personal buy/sell decision. The units are derivative interests and will convert or be paid out under plan rules (including post-termination distribution per F2).

Insider Transaction Report

Form 4
Period: 2026-04-15
Bellezza Alisha
Sr. VP, Automotive Coatings
Transactions
  • Award

    Phantom Stock Units

    [F1][F2][F3]
    2026-04-15$107.72/sh+0.657$71160.545 total
    Common Stock (0.657 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 Alisha E. Bellezza|2026-04-16

Documents

1 file
  • 4
    wk-form4_1776365429.xmlPrimary

    FORM 4