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This Form 4 discloses a routine insider transaction by Vincent J. Morales, Senior VP & CFO of PPG Industries (PPG).
- Transaction date: 06/30/2025
- Security: Phantom Stock Units that convert 1-for-1 into common stock upon termination of employment
- Amount acquired: 12.0066 units at an indicative price of $113.75
- Post-transaction holding: 26,938.5038 phantom units held directly
The acquisition occurred under the company’s Deferred Compensation Plan and was coded “A” (acquired). No non-derivative common stock trades were reported. Given the small size (≈ $1.4 k) relative to both Mr. Morales’s existing holdings and PPG’s market capitalization, the filing is not considered materially impactful to investors but does slightly increase executive alignment with shareholders.