PPG INDUSTRIES INC·4

Jun 1, 1:03 PM ET

Massy Robert L. 4

4 · PPG INDUSTRIES INC · Filed Jun 1, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG HR Chief Robert Massy Receives Share Award

What Happened

  • Robert L. Massy, Senior Vice President and Chief Human Resources Officer of PPG Industries, received an award of 0.074 phantom shares (derivative interest) on 2026-05-29. The filing lists a per-share value of $112.98, for a total reported value of approximately $8. This transaction is coded as an award/acquisition (A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-29; filing date: 2026-06-01 (timely filing).
  • Price/value shown: $112.98 per share; total value ≈ $8.
  • Shares/units after transaction: filing reports 0.074 phantom stock units held in PPG’s Deferred Compensation Plan (per footnote F3).
  • Nature of the instrument: derivative/phantom stock units (not actual common stock); conversion to common stock is one-for-one (footnote F1).
  • Payout timing: units are part of a deferred compensation plan and are payable/convertible after termination of employment (footnote F2 and F3).
  • This was an award/grant (A), not a sale; the value is nominal.

Context

  • Phantom stock units are bookkeeping interests in a stock/cash fund within PPG’s Deferred Compensation Plan; they mirror the value of common shares but are paid per plan rules (often at or after employment termination). Such grants are routine compensation actions and do not necessarily signal buy/sell intent in the open market.

Insider Transaction Report

Form 4
Period: 2026-05-29
Massy Robert L.
Sr. VP and Chief HR Officer
Transactions
  • Award

    Phantom Stock Units

    [F1][F2][F3]
    2026-05-29$112.98/sh+0.074$8171.041 total
    Common Stock (0.074 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 Robert L. Massy|2026-06-01

Documents

1 file
  • 4
    wk-form4_1780333411.xmlPrimary

    FORM 4