PPG Industries SVP granted 17.3672 phantom units
PPG INDUSTRIES INC (PPG) reported that officer Anne M. Foulkes, Sr.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PPG INDUSTRIES INC (PPG) reported that officer Anne M. Foulkes, Sr. VP, Legal & Special Projects, received a grant of 17.3672 Phantom Stock Units on August 31, 2026. These units convert into an equal number of common shares after termination of employment and are held in PPG’s Deferred Compensation Plan, bringing her total phantom units there to 870.3884.
Insider Trade Summary
Grant/Award: 17.3672 shares
Grant/Award
1 txn
Insider
Foulkes Anne M.
Role
Sr. VP, Legal & Spl. Projects
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2, F3 | 17.3672 | $112.17 | $2K |
Holdings After Transaction:
Phantom Stock Units — 870.3884 contracts (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 granted: 17.3672 units
Transaction price per Phantom Stock Unit: $112.1700 per unit
Total Phantom Stock Units after transaction: 870.3884 units
+1 more
4 metrics
Phantom Stock Units granted
17.3672 units
Grant to Anne M. Foulkes on August 31, 2026
Transaction price per Phantom Stock Unit
$112.1700 per unit
Value used for the August 31, 2026 grant
Total Phantom Stock Units after transaction
870.3884 units
Total phantom stock units held in the Deferred Compensation Plan after grant
Underlying common stock shares
17.3672 shares
Phantom Stock Units convert to 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
"Total of all phantom stock units held by the reporting person"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PPG (PPG) report for Anne M. Foulkes?
Anne M. Foulkes received a grant of 17.3672 Phantom Stock Units on August 31, 2026, as a derivative award that converts into common stock on a one-for-one basis after termination of employment.
What are the terms of the Phantom Stock Units reported at PPG (PPG)?
The reported Phantom Stock Units convert to PPG common stock on a one-for-one basis. They are payable after termination of employment and are held in the PPG Industries, Inc. Deferred Compensation Plan.
What is Anne M. Foulkes’ total Phantom Stock Unit balance at PPG (PPG) after this grant?
After the reported grant, Anne M. Foulkes holds a total of 870.3884 Phantom Stock Units in the PPG Industries, Inc. Deferred Compensation Plan, representing interests in an unfunded unitized company stock fund of stock and cash.
What price per unit was used for the Phantom Stock Unit grant at PPG (PPG)?
The Phantom Stock Unit grant to Anne M. Foulkes used a value of $112.17 per unit for the 17.3672 units reported, as indicated by the transaction price per unit field.
Does this PPG (PPG) Form 4 involve a stock sale by Anne M. Foulkes?
No. The Form 4 reports a grant/acquisition of 17.3672 Phantom Stock Units and no sales or dispositions. It is a compensation-related derivative award rather than a market sale of PPG common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
