PPG Industries (NYSE: PPG) grants phantom stock units to senior VP
Rhea-AI Filing Summary
Bellezza Alisha reported acquisition or exercise transactions in this Form 4 filing.
PPG Industries senior vice president Alisha Bellezza received a grant of 0.7164 Phantom Stock Units linked to PPG common stock at a reference price of $115.31 per unit. Following this award, she holds 165.0544 Phantom Stock Units in PPG’s Deferred Compensation Plan, convertible one-for-one into common shares after employment ends.
These units represent interests in an unfunded company stock fund made up of PPG stock and cash. The number of units attributed to her may change over time based on the fund’s value, without additional discretionary transactions.
Positive
- None.
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- None.
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 | 0.7164 | $115.31 | $82.61 |
Holdings After Transaction:
Phantom Stock Units — 165.0544 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 units granted: 0.7164 units
Reference price per unit: $115.31
Total phantom units after grant: 165.0544 units
+2 more
5 metrics
Phantom units granted
0.7164 units
Grant/award of Phantom Stock Units on 2026-07-15
Reference price per unit
$115.31
Transaction price per Phantom Stock Unit for the grant
Total phantom units after grant
165.0544 units
Total Phantom Stock Units held in the Deferred Compensation Plan following the transaction
Conversion ratio
1:1
Each Phantom Stock Unit converts into one share of PPG common stock
Underlying common shares for grant
0.7164 shares
Underlying PPG common stock associated with the granted Phantom Stock Units
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
"Total of all phantom stock units 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
"Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash"
fair market value financial
"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"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PPG (PPG) report for Alisha Bellezza?
PPG reported that senior vice president Alisha Bellezza received a grant of 0.7164 Phantom Stock Units. These units are linked to PPG common stock and were awarded at a reference price of $115.31 per unit as part of a deferred compensation arrangement.
How many phantom stock units does the PPG (PPG) executive hold after this transaction?
After the grant, Alisha Bellezza holds a total of 165.0544 Phantom Stock Units. This total reflects all phantom units credited to her account in PPG’s Deferred Compensation Plan, which may fluctuate with the underlying fund’s value over time.
What do PPG (PPG) phantom stock units represent for Alisha Bellezza?
The Phantom Stock Units represent interests in an unfunded unitized company stock fund holding PPG stock and cash. Their value and the units attributed to her can change as the fair market value of PPG common stock and the fund’s cash balance change.
When can Alisha Bellezza’s PPG (PPG) phantom stock units convert into common stock?
According to the disclosure, 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 bookkeeping units in the Deferred Compensation Plan.