Bellezza Alisha 4
4 · PPG INDUSTRIES INC · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
PPG SVP Alisha Bellezza Receives 0.671-Share Award
What Happened
Alisha Bellezza, Senior Vice President, Automotive Coatings at PPG Industries (PPG), was granted 0.671 phantom stock units on 2026-04-30 at a reported per-share value of $108.50, for a total value of about $73. The grant is reported as a derivative award (phantom stock), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; Filing date: 2026-05-01 (appears timely).
- Award details: 0.671 shares x $108.50 = $73 (derivative/phantom stock unit).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: Award converts to common stock on a one-for-one basis.
- F2: Conversion/distribution is tied to termination of employment.
- F3: Units are phantom stock units in PPG’s Deferred Compensation Plan — an unfunded unitized stock fund whose credited share count/value can change with the plan’s holdings and stock price.
- Transaction type: A = Award/Grant (derivative); not a sale or purchase of outstanding shares.
Context
This was a derivative award under PPG’s deferred compensation/phantom stock plan. Phantom units track the value of company stock but are not immediately issued common shares; conversion and payout terms (including timing tied to employment termination per F2) are governed by the plan. Such awards are routine compensation and do not by themselves indicate insider sentiment about near-term stock performance.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2][F3]2026-04-30$108.50/sh+0.671$73→ 161.216 total→ Common Stock (0.671 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.