Form 4: PPG Industries Executive Chancey E. Hagerty Reports Changes in Beneficial Ownership
SEC Filing
Chancey E. Hagerty, a Senior Vice President at PPG Industries, reported changes in beneficial ownership related to phantom stock units.
Summary
- Chancey E. Hagerty, a Senior Vice President at PPG Industries, filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of PPG Industries stock.
- The reported transaction involves phantom stock units, which convert to common stock on a one-for-one basis after termination of employment with PPG.
- As of February 14, 2025, Hagerty acquired 0.1189 phantom stock units at a price of $117.75.
- Following the reported transaction, Hagerty beneficially owns 0.3593 phantom stock units.
- The phantom stock units are held in the PPG Industries, Inc. Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at PPG Industries.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction involving phantom stock units |
| 02/18/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, PPG Industries, Phantom Stock Units, SEC Filing, Hagerty, Deferred Compensation Plan
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