Form 4: PPG Industries Executive Adjusts Holdings

Chancey E. Hagerty, Sr. VP at PPG Industries, reported a transaction involving phantom stock units on June 12, 2026.

Summary

• Chancey E. Hagerty, Sr. VP of Automotive Refinish Coatings at PPG Industries, Inc., has reported a transaction related to phantom stock units.
• The transaction occurred on June 12, 2026, and involved 0.9811 phantom stock units.
• These phantom stock units convert to common stock on a one-for-one basis.
• The reporting person holds a total of 190.3511 phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan.
• These units represent interests in an unfunded unitized company stock fund composed of stock and cash.
• The number of shares attributed to the reporting person can fluctuate based on the fair market value of PPG's common stock and the fund's cash balance.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine adjustment of executive compensation in the form of phantom stock units, which is typical for publicly traded companies and does not indicate a significant change in the executive's investment strategy or the company's performance.

Risks

• The value of phantom stock units is subject to the fluctuations in the fair market value of PPG's common stock.
• The number of shares attributed to the reporting person can change without their direct volition.

Future Outlook

The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and significant shareholders regarding changes in their beneficial ownership of company stock, providing transparency into insider transactions within the chemicals and coatings industry.

Stakeholder Impact

• Shareholders: Increased transparency into executive compensation and potential future stock movements.
• Employees: Insight into the structure of executive compensation plans.
• Management: Standard reporting requirement for compensation-related equity instruments.

Key Dates

Keywords

PPG Industries, Form 4, Insider Trading, Phantom Stock Units, Deferred Compensation Plan, Executive Compensation, Securities Ownership