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Trying to pinpoint how rising titanium dioxide costs affect PPG Industries’ margins or when executives last bought shares can feel like searching for a specific pigment in a warehouse full of paint cans. PPG’s annual report tops 300 pages, its 10-Q earnings tables span dozens more, and environmental remediation notes are buried deep in the footnotes.
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PPG Industries, Inc. announced that Senior Vice President and Chief Financial Officer Vincent J. Morales intends to retire from the company on July 1, 2026. His previously awarded stock options, restricted stock units and total shareholder return contingent shares will continue to vest according to their existing terms, meaning there are no special or accelerated equity arrangements tied to this decision. The company issued a press release on December 1, 2025 to communicate his planned retirement to the broader market.
PPG Industries, Inc. Senior VP and CFO Vincent J. Morales reported a routine compensation-related transaction involving phantom stock units tied to the company’s common stock. On 11/28/2025, he acquired 15.93 phantom stock units at $100.04 per unit in the PPG Industries, Inc. Deferred Compensation Plan. These phantom units track the value of PPG common shares and convert into common stock on a one-for-one basis after termination of employment with PPG. Following this transaction, Morales beneficially owned a total of 27,291.7713 phantom stock units in the plan, all held in direct form.
PPG Industries reported a routine insider compensation transaction involving its Senior Vice President and Chief Human Resources Officer. On 11/28/2025, the officer acquired 17.3934 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan at a derivative security price of $100.04. After this transaction, the officer beneficially owned 132.8769 phantom stock units on a direct basis.
The phantom stock units are tied to PPG common stock on a one-for-one conversion basis and are designed to be converted into common stock after termination of employment with PPG. These units represent interests in an unfunded company stock fund comprised of stock and cash, and the number of units can change over time based on the fair market value of PPG common stock and the cash level in the fund.
PPG Industries, Inc. Chairman and CEO, who is also a director, reported an insider transaction involving phantom stock units under a deferred compensation plan. On 11/28/2025, the reporting person acquired 27.8071 phantom stock units linked to PPG common stock at a reference price of $100.04 per share.
After this transaction, the executive beneficially owned a total of 12,180.1308 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan. These units are designed to convert into PPG common stock on a one-for-one basis after termination of employment and represent interests in an unfunded company stock fund made up of stock and cash, whose value can change with PPG’s share price and cash levels in the fund.
PPG Industries, Inc. senior vice president for Industrial Coatings & Specialty Products, Juliane M. Hefel, reported a change in her deferred compensation holdings. On 11/28/2025, she acquired 15.4735 phantom stock units tied to PPG common stock at a price of $100.04 per unit through the company’s Deferred Compensation Plan. Following this transaction, she held a total of 195.8825 phantom stock units in the plan. These phantom stock units are book-entry interests in an unfunded unitized company stock fund that tracks PPG’s stock and cash, and the number of units can change over time based on the fund’s value.
PPG Industries senior vice president Chancey E. Hagerty reported a change in holdings under the company’s deferred compensation plan. On 11/28/2025, the reporting person acquired 17.2947 phantom stock units, each of which converts into one share of PPG common stock on a one-for-one basis. The units were valued at $100.04 per underlying share at the time of the transaction, and the reporting person held a total of 152.4063 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan after this transaction. These phantom units are an interest in an unfunded company stock fund that tracks PPG’s stock and cash, and the attributed number of shares can change over time with the stock’s fair market value and cash in the fund.
PPG Industries executive reports new phantom stock units in deferred plan. Anne M. Foulkes, Senior Vice President and General Counsel of PPG Industries Inc., filed a Form 4 for a derivative equity transaction dated 11/28/2025. She acquired 17.9076 phantom stock units at $100.04 per unit under the PPG Industries, Inc. Deferred Compensation Plan.
Following this transaction, she beneficially owned 717.7123 phantom stock units, held directly. Each phantom stock unit converts into one share of PPG common stock, with conversion occurring after termination of employment with PPG. These units represent interests in an unfunded company stock fund whose value can change with PPG's stock price and cash in the fund.
PPG Industries, Inc. officer reports phantom stock transaction
Amy R. Ericson, Senior Vice President, P&M Coatings of PPG Industries, Inc., filed a Form 4 reporting an acquisition of phantom stock units tied to PPG common stock. On 11/28/2025, she acquired 15.5641 phantom stock units at a price of
Each phantom stock unit converts into one share of PPG common stock on a one-for-one basis after termination of employment with PPG. These units represent interests in an unfunded unitized company stock fund made up of PPG stock and cash, and the number of units attributed to her may change over time as the fund’s value changes.
PPG Industries senior vice president of operations Kevin D. Braun reported an acquisition of phantom stock units tied to the company’s common stock. On 11/28/2025, he acquired 26.5104 phantom stock units at a price of $100.04 per unit under the PPG Industries, Inc. Deferred Compensation Plan. Following this transaction, he beneficially owned a total of 773.367 phantom stock units in the plan, held directly.
Each phantom stock unit converts into one share of PPG common stock after termination of employment with PPG. These units represent an interest in an unfunded unitized company stock fund made up of stock and cash, so the number of units attributed to him can change over time based on the market value of PPG’s stock and the cash balance in the fund.
PPG Industries, Inc. officer Alisha E. Bellezza, Senior Vice President of Automotive Coatings, reported acquiring 19.3332 phantom stock units on