PPG INDUSTRIES INC·4

Jun 16, 11:29 AM ET

Hagerty Chancey E. 4

4 · PPG INDUSTRIES INC · Filed Jun 16, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Sr. VP Chancey E. Hagerty Receives Award (0.09 Shares)

What Happened

  • Chancey E. Hagerty, Senior Vice President, Automotive Refinish Coatings at PPG Industries (PPG), received an award of 0.09 derivative shares on 2026-06-15. The unit price reported was $121.53, giving an implied value of about $11. The transaction is reported as an award/grant (code A) and is a derivative (phantom stock unit), not an open-market purchase.

Key Details

  • Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (timely).
  • Transaction type: Award/Grant (A) of 0.09 derivative shares @ $121.53; total value ≈ $11.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes:
    • F1: The security converts to common stock on a one-for-one basis.
    • F2: Notes conversion/vesting may occur after termination of employment.
    • F3: These are phantom stock units in PPG’s Deferred Compensation Plan (units represent interests in an unfunded stock/cash fund; unit counts can change with stock price and plan cash).
  • No indication of a sale or immediate disposition; this was an award/grant.

Context

  • This was a small-value derivative award (phantom stock unit) typical of deferred compensation plans and does not represent a market purchase. Such awards are generally administrative/compensation-related and should not be interpreted as direct buying or selling of stock by the insider.

Insider Transaction Report

Form 4
Period: 2026-06-15
Hagerty Chancey E.
Sr. VP, Auto. Refinish Ctgs.
Transactions
  • Award

    Phamtom Stock Units

    [F1][F2][F3]
    2026-06-15$121.53/sh+0.09$11190.441 total
    Common Stock (0.09 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|2026-06-16

Documents

1 file
  • 4
    wk-form4_1781623749.xmlPrimary

    FORM 4