Form 4: PPG Executive Alisha Bellezza Boosts Phantom Stock Holdings

PPG Industries' Senior VP of Automotive Coatings, Alisha Bellezza, acquired 0.4347 phantom stock units, increasing her total holdings to 156.3553 units.

Summary

• Alisha Bellezza, Senior Vice President of Automotive Coatings at PPG Industries Inc., acquired additional phantom stock units.
• The transaction occurred on January 30, 2026.
• She acquired 0.4347 phantom stock units, which convert to common stock on a one-for-one basis.
• Following this acquisition, her total beneficial ownership of phantom stock units stands at 156.3553 units.
• These units are part of the PPG Industries, Inc. Deferred Compensation Plan.
• The number of shares attributed to the reporting person can change based on the fair market value of PPG common stock and the amount of cash in the fund.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as an executive's acquisition of additional company-linked units, even if part of a compensation plan, generally indicates continued alignment with shareholder interests.

Positives

• An executive acquired additional phantom stock units, which aligns her interests with shareholders.

Industry Context

StockSavvy.ai notes that insider acquisitions, even of phantom units as part of a compensation plan, can signal management's continued confidence in the company's future, though this specific transaction is small and routine for a Form 4 filing.

Related Party Transactions

• Acquisition of phantom stock units by a Senior VP through the company's Deferred Compensation Plan.

Stakeholder Impact

• Shareholders: Increased alignment of executive's interests with shareholders due to increased beneficial ownership.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of phantom stock units by a Senior VP as part of a deferred compensation plan. While it shows continued executive alignment, the transaction size and nature do not provide sufficient new information to alter an investment thesis or warrant a strong buy or sell recommendation.

Keywords

PPG, insider transaction, Form 4, phantom stock, executive compensation, beneficial ownership, deferred compensation