PPG Sr. VP Amy Ericson Receives Award of Phantom Stock

What Happened

• Amy R. Ericson, Senior Vice President, P&M Coatings at PPG Industries (PPG), was granted 1.923 phantom stock units on 2026-09-11. The grant is reported as a derivative award at an attributed price of $105.50 per share, for a reported value of $203.
• This was an award/grant (transaction code A) under a deferred compensation arrangement — not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-11 at $105.50 per unit, total value $203.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — units convert to common stock on a one-for-one basis; F3 — these are phantom stock units in PPG’s Deferred Compensation Plan (an unfunded unitized stock/cash fund whose credited units can change with the stock’s fair market value); F2 indicates payment/conversion may occur following termination of employment.
• Filing timeliness: Form 4 filed 2026-09-14 (appears to be filed within the SEC’s reporting window).

Context

• These are phantom stock units (deferred compensation) — a derivative award that tracks the value of PPG common stock and may convert or be paid out per plan rules. Such awards are compensation-related and do not by themselves indicate an executive buying or selling shares on the open market. The reported dollar value is small ($203), so the grant is immaterial in size.