PPG Industries grants Hagerty stock-linked units
The senior vice president's phantom units convert into PPG common stock one-for-one after termination of employment with PPG.
Sentiment and the balance of points
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Rhea-AI Filing Summary
PPG Industries (PPG) senior vice president, Performance Coatings Segment, Chancey E. Hagerty received a grant of 16.0389 phantom stock units on October 15, 2026. The transaction reports a price of $107.8100 per share. His reported total in the Deferred Compensation Plan after the transaction was 303.3991 phantom stock units. The units represent interests in an unfunded unitized company stock fund comprised of stock and cash and convert to common stock one-for-one after termination of employment with PPG.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phamtom Stock Units F1, F2, F3 | 16.0389 | $107.81 | $2K |
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
Key Terms
phantom stock units financial
unfunded unitized company stock fund financial
Deferred Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did PPG senior vice president Chancey E. Hagerty acquire?
How many PPG phantom stock units did Chancey E. Hagerty hold after the award?
Can the number of PPG phantom stock units attributed to Chancey E. Hagerty change?
AI-generated analysis. How Rhea-AI works. Not financial advice.