Form 4: PPG Industries Executive Anne M. Foulkes Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Anne M. Foulkes, Sr. VP and General Counsel of PPG Industries, reported changes in her beneficial ownership of company stock due to the acquisition of phantom stock units.
Summary
- On September 13, 2024, Anne M. Foulkes, Sr. VP and General Counsel of PPG Industries, reported a transaction involving phantom stock units.
- She acquired phantom stock units which convert to common stock on a one-for-one basis after termination of employment.
- The transaction involved 22.0401 phantom stock units at a price of $126.98.
- Following the transaction, Foulkes beneficially owns 320.2994 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of transaction involving phantom stock units |
| 09/16/2024 | Date of signature for the report |
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