Form 4: PPG Executive Acquires Phantom Stock Units

Alisha Bellezza, Sr. VP of Automotive Coatings at PPG Industries, acquired 0.7118 phantom stock units as part of a deferred compensation plan.

Summary

• Alisha Bellezza, Senior Vice President of Automotive Coatings at PPG Industries Inc. (PPG), reported an acquisition of derivative securities.
• The transaction involved 0.7118 phantom stock units on October 15, 2025.
• These phantom stock units convert to common stock on a one-for-one basis.
• The conversion of these units to common stock is scheduled to occur after the termination of employment with PPG.
• The price of the derivative security at the time of acquisition was $99.56.
• Following this transaction, Ms. Bellezza beneficially owns a total of 77.3739 phantom stock units.
• The phantom stock units are held within the PPG Industries, Inc. Deferred Compensation Plan.
• The number of shares attributed to a plan participant may fluctuate based on the fair market value of PPG's common stock and the cash amount in the fund.

Sentiment

Score: 5

Explanation: This Form 4 filing is a routine disclosure of an insider's acquisition of phantom stock units as part of a deferred compensation plan. It is a neutral event, reflecting standard executive compensation practices rather than a significant positive or negative operational or financial development.

Future Outlook

The filing does not contain forward-looking statements or guidance beyond the conversion terms of the phantom stock units upon employment termination.

Industry Context

This is a routine insider transaction disclosure related to an executive's deferred compensation plan, which is common practice across various industries for executive remuneration and retention. It does not provide specific insights into broader industry trends or competitive positioning.

Key Dates

Keywords

PPG Industries, Alisha Bellezza, SEC Form 4, Insider Transaction, Phantom Stock Units, Deferred Compensation, Automotive Coatings, Derivative Securities