Form 4: PPG Industries: Braun Reports Phantom Stock Unit Transaction

Kevin D. Braun, Sr. VP of Operations at PPG Industries, reported a transaction involving phantom stock units on May 29, 2026.

Summary

• Kevin D. Braun, Sr. VP of Operations at PPG Industries, Inc., has filed a Form 4 statement detailing a transaction.
• The transaction involved phantom stock units, which convert to common stock on a one-for-one basis.
• The earliest transaction date reported is May 29, 2026.
• The reporting person holds a total of 879.9515 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan.
• These units represent interests in an unfunded unitized company stock fund.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard disclosure of executive compensation units rather than a significant strategic or financial event.

Risks

• The number of shares attributed to the reporting person as a Plan participant may change without their volition, depending on the fair market value of PPG's common stock and the cash in the fund.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company officers and directors. This specific filing relates to phantom stock units, a common form of executive compensation tied to stock performance.

Stakeholder Impact

• Shareholders: The filing provides transparency into executive compensation and potential future stock ownership, which can be a factor in assessing corporate governance.

Key Dates

Keywords

PPG Industries, Form 4, Kevin D. Braun, Phantom Stock Units, Deferred Compensation Plan, Insider Trading, SEC Filing