Form 4: PPG Industries Executive Chancey E. Hagerty Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction involving phantom stock units |
| 03/17/2025 | Date of signature on the report |
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