PPG (PPG) Sr. VP awarded stock options and RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hefel Juliane M. reported acquisition or exercise transactions in this Form 4 filing.
PPG Industries senior vice president Juliane M. Hefel reported equity awards consisting of employee stock options and restricted stock units. She received 7,634 employee stock options and 1,992 restricted stock units on PPG common stock, all held as direct ownership.
The options were granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of PPG common stock and is scheduled to vest on February 24, 2029, aligning her compensation with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hefel Juliane M.
Role
Sr. VP, Ind Coatings & Sp Prod
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 7,634 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,992 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Options — 7,634 shares (Direct);
Restricted Stock Units — 1,992 shares (Direct)
Footnotes (1)
- Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of PPG common stock. The restricted stock units vest on February 24, 2029.
FAQ
What insider transaction did PPG (PPG) report for Juliane M. Hefel?
PPG reported that senior vice president Juliane M. Hefel received equity awards, including stock options and restricted stock units. These are compensation-related grants, not open-market share purchases or sales, and increase her long-term alignment with PPG’s common stock performance.
How many stock options did Juliane M. Hefel receive from PPG (PPG)?
Juliane M. Hefel received 7,634 employee stock options as part of her compensation. The options were granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan, designed to link executive rewards to the company’s long-term stock performance.
How many restricted stock units did PPG (PPG) grant to Juliane M. Hefel?
PPG granted Juliane M. Hefel 1,992 restricted stock units. Each unit represents a contingent right to receive one share of PPG common stock, providing additional long-term equity-based compensation tied directly to the company’s future share value.
When do Juliane M. Hefel’s PPG (PPG) restricted stock units vest?
Juliane M. Hefel’s restricted stock units are scheduled to vest on February 24, 2029. Vesting means she must remain eligible through that date before receiving the underlying PPG common shares, reinforcing a long-term incentive horizon for the executive.
Are Juliane M. Hefel’s PPG (PPG) equity awards direct or indirect holdings?
The reported equity awards for Juliane M. Hefel are classified as direct ownership. This indicates the grants are held in her name rather than through an intermediary entity, according to the ownership coding disclosed in the insider transaction report.
What plan governs Juliane M. Hefel’s new PPG (PPG) stock options?
Her new employee stock options were granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. This plan provides equity-based awards to executives, aiming to tie compensation more closely to PPG’s long-term stock performance and shareholder value.