PPG CFO Jamie Beggs Receives Phantom Stock Award

What Happened

• Jamie A. Beggs, Senior Vice President & Chief Financial Officer of PPG Industries (PPG), received an award of 45.891 derivative shares (transaction code A) on 2026-09-30. The award was recorded at $104.33 per share for a reported value of $4,788.
• This award is a grant of phantom stock units in PPG’s Deferred Compensation Plan (a derivative award), not an open-market purchase of common shares.

Key Details

• Transaction date and price: 2026-09-30 at $104.33 per share; total reported value $4,788.
• Security type: Derivative phantom stock units that convert to common stock on a one-for-one basis (Footnote F1).
• Plan specifics: Footnote F3 states these phantom units represent interests in an unfunded, unitized stock/cash fund and the credited number may change with the stock’s fair market value and fund cash.
• Timing/vesting note: Footnote F2 references conversion/settlement after termination of employment (filing language indicates conversion may occur upon or after termination).
• Filing timeliness: Report filed 2026-10-01 for a 2026-09-30 report date — not indicated as late.

Context

• This is an award of deferred/phantom units (a form of compensation), not an immediate market purchase or sale. Such grants are routine compensation and, in this case, are modest in dollar size (~$4.8k).