Form 4: PPG Industries Director Cathy R. Smith Reports Stock Transactions
SEC Form 4 Filing
Director Cathy R. Smith reports acquisition and disposal of PPG Industries common stock related to vesting of restricted stock units.
Summary
- On April 16, 2025, Cathy R. Smith, a director of PPG Industries, acquired 1,368 shares of common stock upon the vesting of restricted stock units.
- Simultaneously, 5 shares were disposed of at a price of $98.42.
- Following these transactions, Smith directly owns 7,652 shares of PPG Industries common stock.
- On April 17, 2025, Smith acquired 1,849 restricted stock units which vest on April 15, 2026.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company leadership.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent routine stock activity by a company director.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date restricted stock units were granted to the reporting person. |
| 04/16/2025 | Date of common stock acquisition and disposal due to vesting of restricted stock units. |
| 04/17/2025 | Date of restricted stock units acquisition. |
| 04/15/2026 | Vesting date of restricted stock units acquired on April 17, 2025. |
Keywords
PPG Industries, Director, Cathy R. Smith, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Form 4
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