Form 4: PPG Industries Executive Chancey E. Hagerty Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Chancey E. Hagerty, a Senior VP 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 securities.
  • The reported transaction involves phantom stock units that convert to common stock on a one-for-one basis after termination of employment with PPG.
  • As of March 14, 2025, Hagerty acquired 0.1234 phantom stock units at a price of $113.47.
  • Following the reported transaction, Hagerty beneficially owns 0.6087 phantom stock units through the PPG Industries, Inc. Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard executive compensation practices.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies like PPG Industries.

Key Dates

DateDescription
03/14/2025Date of transaction involving phantom stock units
03/17/2025Date of signature on the report

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