Form 4: PPG Executive Acquires Phantom Stock Units

Anne M. Foulkes, Senior VP at PPG Industries, acquired 0.1413 phantom stock units, increasing her total beneficial ownership to 765.2198 units.

Summary

• Anne M. Foulkes, Senior VP, Legal & Special Projects at PPG Industries, Inc., acquired 0.1413 phantom stock units.
• The transaction occurred on March 31, 2026.
• Each phantom stock unit converts to common stock on a one-for-one basis.
• The price of the derivative security for this transaction was $106.88.
• Following this acquisition, Ms. Foulkes beneficially owns a total of 765.2198 phantom stock units.
• These units are part of the PPG Industries, Inc. Deferred Compensation Plan and represent interests in an unfunded unitized company stock fund.
• The number of shares attributed to a participant can fluctuate based on the fair market value of PPG common stock and the cash in the fund.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine insider transaction related to executive compensation and deferred plans, with a very small number of units involved, thus having minimal direct impact on company sentiment.

Industry Context

StockSavvy.ai notes that insider transactions, such as the acquisition of phantom stock units, are common for executives as part of their compensation and deferred plans. While this specific transaction is small, it reflects ongoing executive participation in the company's equity-based compensation structure, a standard practice across many industries to align management interests with shareholder value.

Key Dates

Keywords

PPG Industries, PPG, Anne M. Foulkes, Insider Trading, Form 4, Phantom Stock Units, Deferred Compensation, Executive Compensation, Stock Acquisition