PPG CFO granted shares, uses some for taxes
PPG Industries Senior VP & CFO Vincent J. Morales reported equity transactions involving company common stock.
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Rhea-AI Filing Summary
PPG Industries Senior VP & CFO Vincent J. Morales reported equity transactions involving company common stock. He acquired 10,054 shares on a grant or award basis at $0.0000 per share, described as settlement of a 2023 restricted stock unit performance award.
On the same date, 4,136 shares were disposed of at $128.25 per share to cover tax liabilities by delivering shares. After these transactions, Morales directly owned 5,918 shares of PPG common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,054 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,136 | $128.25 | $530K |
Footnotes (1)
- F1. Settlement of 2023 restricted stock unit performance award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did PPG (PPG) CFO Vincent J. Morales report?
Was the PPG (PPG) CFO’s Form 4 transaction an open-market stock sale?
What does the tax-withholding disposition on the PPG (PPG) Form 4 mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.