PPG executive adds 0.13 phantom stock units
PPG Industries Inc senior vice president Chancey E. Hagerty reported a routine compensation-related grant of phantom stock units.
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Rhea-AI Filing Summary
PPG Industries Inc senior vice president Chancey E. Hagerty reported a routine compensation-related grant of phantom stock units. On May 29, 2026, he acquired 0.1328 phantom stock units, bringing his total phantom stock holdings in the deferred compensation plan to 189.3700 units.
The phantom stock units track PPG common stock on a one-for-one basis and are settled in common shares after termination of employment. They represent interests in an unfunded unitized company stock fund composed of PPG stock and cash, so the attributed unit balance can change with market value and cash levels.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phamtom Stock Units | 0.1328 | $112.98 | $15.00 |
Footnotes (3)
- F1. The security converts to common stock on a one-for-one basis.
- F2. After termination of employment with PPG.
- F3. Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
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