PPG INDUSTRIES INC·4

Apr 16, 2:53 PM ET

Hagerty Chancey E. 4

4 · PPG INDUSTRIES INC · Filed Apr 16, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG (PPG) Sr. VP Chancey Hagerty Receives Award

What Happened

  • Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries, received a grant (award/acquisition code A) of 0.169 derivative shares on April 15, 2026. The award is recorded at $107.72 per share for a total value of about $18. This was an award of phantom/derivative units, not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-04-15 — 0.169 shares @ $107.72 (total ~$18).
  • Filing date: 2026-04-16 (filed the next day; appears timely).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — converts to common stock one-for-one; F2 — conversion/vesting tied to termination of employment; F3 — units are phantom stock units in PPG’s Deferred Compensation Plan (unit value may fluctuate with stock price and cash in the fund).
  • Transaction type: Award of derivative/phantom stock units (code A).

Context

  • These were phantom stock units under PPG’s Deferred Compensation Plan (not a cash purchase). Phantom units represent interests in a unitized fund made up of stock and cash and may convert to common shares on a one-for-one basis per the filing. Such awards are typically part of executive compensation and do not directly indicate buying or selling sentiment in the market.

Insider Transaction Report

Form 4
Period: 2026-04-15
Hagerty Chancey E.
Sr. VP, Auto. Refinish Ctgs.
Transactions
  • Award

    Phamtom Stock Units

    [F1][F2][F3]
    2026-04-15$107.72/sh+0.169$18189.003 total
    Common Stock (0.169 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|2026-04-16

Documents

1 file
  • 4
    wk-form4_1776365598.xmlPrimary

    FORM 4