Form 4: PPG Executive Acquires Phantom Stock Units
Insider Transaction Report
PPG Industries Senior VP Juliane M. Hefel acquired 1.7312 phantom stock units, increasing her total beneficial ownership to 130.7346 units.
Summary
- Juliane M. Hefel, Senior VP, Industrial Coatings & Specialty Products at PPG Industries Inc., acquired 1.7312 phantom stock units.
- The transaction occurred on September 15, 2025.
- The phantom stock units convert to common stock on a one-for-one basis.
- The price of the derivative security was $109.45.
- Following this transaction, Ms. Hefel beneficially owns a total of 130.7346 phantom stock units.
- These units are held in the PPG Industries, Inc. Deferred Compensation Plan and represent interests in an unfunded unitized company stock fund comprised of stock and cash.
Sentiment
Score: 7
Explanation: The acquisition of phantom stock units by a Senior VP indicates continued alignment of management interests with shareholders and can be interpreted as a positive signal of confidence in the company's future performance.
Positives
- Senior VP Juliane M. Hefel increased her beneficial ownership of phantom stock units, which can signal management confidence in the company's future.
Risks
- The number of shares attributed to the reporting person as a Plan participant may change from time to time without their volition depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Acquisition of phantom stock units by a Senior VP through the PPG Industries, Inc. Deferred Compensation Plan, which is a standard executive compensation arrangement.
Stakeholder Impact
- Shareholders: Potential positive signal of management confidence due to increased insider ownership.
- Employees: Reflects standard executive compensation practices for senior leadership.
Next Steps
- Phantom stock units convert to common stock after termination of employment with PPG.
Key Dates
| Date | Description |
|---|---|
| 09/15/2025 | Date of transaction for phantom stock units acquisition. |
| 09/16/2025 | Date of filing signature. |
Keywords
PPG, insider transaction, Form 4, phantom stock, executive compensation, beneficial ownership, deferred compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.