PPG exec amends Form 4 tax withholding
PPG Industries Inc. senior vice president Chancey E. Hagerty filed an amended insider report to correct a prior tax-withholding entry.
Rhea-AI Filing Summary
PPG Industries Inc. senior vice president Chancey E. Hagerty filed an amended insider report to correct a prior tax-withholding entry. The revised filing shows a tax-withholding disposition of 546 shares of common stock on February 18, 2026 at $128.25 per share, leaving Hagerty with 9,761 directly owned shares. The footnote explains that the original Form 4 misreported the number of shares withheld due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 546 shares
Exercise Price or Tax Liability
1 txn
Insider
Hagerty Chancey E.
Role
Sr. VP, Auto. Refinish Ctgs.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 546 | $128.25 | $70K |
Holdings After Transaction:
Common Stock — 9,761 shares (Direct)
Footnotes (1)
- F1. This amendment is filed to correct the number of shares withheld for tax liability which, due to an administrative error, was incorrectly reported on Form 4 filed on February 20, 2026.
FAQ
What insider transaction did PPG (PPG) report for Chancey E. Hagerty?
PPG reported a corrected insider transaction where Chancey E. Hagerty had 546 shares of common stock withheld to cover tax liability. This was a tax-withholding disposition tied to equity compensation, not an open-market stock sale.
Why did PPG (PPG) file an amended Form 4/A for Chancey E. Hagerty?
The amended Form 4/A was filed to correct the number of shares previously reported as withheld for tax liability. A footnote states the original Form 4 contained an administrative error in the share count used for the tax-withholding entry.
Was the PPG (PPG) insider transaction a sale on the open market?
No, the transaction was coded as type F, indicating shares were withheld to cover tax liability. This means the 546 shares were used for tax withholding related to equity compensation, not sold in an open-market transaction.
What role does Chancey E. Hagerty hold at PPG (PPG)?
Chancey E. Hagerty is identified as a senior vice president for Automotive Refinish Coatings. His position makes him a reporting officer required to disclose changes in his PPG share ownership through Form 4 filings with the SEC.
AI-generated analysis. How Rhea-AI works. Not financial advice.