PPG grants options and RSUs to senior executive
Gette Joseph R. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gette Joseph R. reported acquisition or exercise transactions in this Form 4 filing.
PPG Industries reported that senior vice president, general counsel and secretary Joseph R. Gette received equity awards in the form of stock-based compensation. He was granted 11,451 employee stock options under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan, giving him the right to buy PPG common shares in the future. He also received 2,987 restricted stock units, with each unit representing a contingent right to one share of PPG common stock. These restricted stock units are scheduled to vest on February 24, 2029, meaning the shares will be delivered to him only if the vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 11,451 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,987 | $0.00 | $0.00 |
Footnotes (3)
- F1. Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
- F2. Each restricted stock unit represents a contingent right to receive one share of PPG common stock.
- F3. The restricted stock units vest on February 24, 2029.
FAQ
What insider transactions did PPG (PPG) report for Joseph R. Gette?
How many stock options were granted to Joseph R. Gette by PPG (PPG)?
How many restricted stock units did PPG (PPG) grant to Joseph R. Gette?
When do Joseph R. Gette’s PPG (PPG) restricted stock units vest?
What does each restricted stock unit represent in the PPG (PPG) Form 4?
Under what plan were Joseph R. Gette’s PPG (PPG) stock options granted?
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