Form 4: PPG Industries Executive Alisha Bellezza Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Alisha Bellezza, Sr. VP at PPG Industries, reports acquiring phantom stock units convertible to common stock after termination of employment.
Summary
- Alisha Bellezza, a Senior Vice President at PPG Industries, filed a Form 4 disclosing a transaction involving phantom stock units.
- On May 15, 2025, Bellezza acquired 0.4877 phantom stock units.
- These units convert to common stock on a one-for-one basis after termination of employment with PPG.
- The price of the phantom stock units was $113.06.
- Following the reported transaction, Bellezza beneficially owns 70.6785 phantom stock units through the PPG Industries, Inc. Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like PPG Industries. It provides transparency into the holdings and transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of phantom stock units |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, PPG Industries, Phantom Stock Units, Beneficial Ownership, Alisha Bellezza, Equity Securities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.