PPG Industries (NYSE: PPG) credits exec with phantom stock
Rhea-AI Filing Summary
PPG Industries executive Alisha Bellezza, Sr. VP, Automotive Coatings, reported an acquisition of 0.4852 Phantom Stock Units on 2026-08-14 under a deferred compensation arrangement. These units convert into an equal number of PPG common shares on a one-for-one basis after termination of employment. Following this award, she holds a total of 166.1874 Phantom Stock Units, which track the value of a unitized company stock fund consisting of PPG stock and cash and may fluctuate with the common stock’s fair market value and cash levels in the fund.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bellezza Alisha
Role
Sr. VP, Automotive Coatings
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2, F3 | 0.4852 | $114.11 | $55.37 |
Holdings After Transaction:
Phantom Stock Units — 166.1874 shares (Direct)
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.
Key Figures
Phantom Stock Units acquired: 0.4852 units
Reference value per Phantom Stock Unit: $114.1100 per unit
Total Phantom Stock Units after transaction: 166.1874 units
+1 more
4 metrics
Phantom Stock Units acquired
0.4852 units
Grant/award acquisition on 2026-08-14
Reference value per Phantom Stock Unit
$114.1100 per unit
Transaction price per unit for the 0.4852 Phantom Stock Units
Total Phantom Stock Units after transaction
166.1874 units
Total phantom stock units held in the Deferred Compensation Plan after the award
Underlying common stock conversion ratio
1.0 share per unit
Phantom Stock Units convert to PPG common stock on a one-for-one basis
Key Terms
Phantom Stock Units, Deferred Compensation Plan, unfunded unitized company stock fund, fair market value
4 terms
Phantom Stock Units financial
"Phantom stock units represent interests in an unfunded unitized company stock fund"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan financial
"held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
unfunded unitized company stock fund financial
"represent interests in an unfunded unitized company stock fund comprised of stock and cash"
fair market value financial
"may change from time to time depending on the fair market value of the issuer's common stock"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What insider transaction did PPG (PPG) report for Alisha Bellezza on this Form 4?
PPG reported that Alisha Bellezza acquired 0.4852 Phantom Stock Units on 2026-08-14. These units are part of a deferred compensation plan and convert one-for-one into PPG common stock after her employment with PPG terminates.
How many Phantom Stock Units does Alisha Bellezza hold in PPG (PPG) after this transaction?
After the reported award, Alisha Bellezza holds a total of 166.1874 Phantom Stock Units. This total represents all phantom stock units credited to her account in the PPG Industries, Inc. Deferred Compensation Plan as of the transaction date.
At what reference price were the new Phantom Stock Units for PPG (PPG) recorded?
The 0.4852 Phantom Stock Units were recorded at a reference value of $114.11 per unit. The units represent interests in a unitized company stock fund, and their value can change with PPG’s common stock price and cash in the fund.
When do Alisha Bellezza’s Phantom Stock Units in PPG (PPG) convert to common stock?
The Phantom Stock Units convert into PPG common stock on a one-for-one basis after termination of employment with PPG. Until then, they remain as deferred compensation units tracking a company stock fund’s value over time.
What does the PPG (PPG) Deferred Compensation Plan phantom stock holding represent for Alisha Bellezza?
Her 166.1874 Phantom Stock Units represent interests in an unfunded unitized company stock fund of PPG stock and cash. The number of attributed units can change over time with PPG’s stock fair market value and cash balances in the fund.
AI-generated analysis. How Rhea-AI works. Not financial advice.
