PPG Industries: Sr. VP Hagerty Chancey E. received 16.039 shares

What happened

• The filing says Hagerty Chancey E., Sr. VP, performance coatings segment, received a grant of 16.039 derivative shares (phantom stock units) at a price of $107.81 per share, totaling $1,729, on Oct 15, 2026.

Key details

• Transaction date and price: Oct 15, 2026 — grant of 16.039 shares at $107.81 per share.
• Shares owned after the transaction: the filing does not report shares owned after the transaction.
• Relevant footnotes:
  • F1: the security converts to common stock on a one-for-one basis.
  • F2: conversion or payout occurs after termination of employment with PPG.
  • F3: units are phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan; the number attributed may change with the fair market value of the common stock and cash in the fund.
• Filing date: filed Oct 16, 2026.

Why it may matter

• This was a grant of derivative phantom stock units that convert one-for-one to common stock and are held in the company's deferred compensation plan; the units can vary in amount based on plan mechanics.
• The filing does not show why the insider traded or why the company acted.