Form 4: PPG Industries Executive Chancey E. Hagerty Reports Stock Transactions

Chancey E. Hagerty, a Senior VP at PPG Industries, reports acquisition and disposal of company stock related to a restricted stock unit settlement and tax withholding.

Summary

• Chancey E. Hagerty, a Senior Vice President at PPG Industries, filed a Form 4 detailing changes in beneficial ownership of PPG stock.
• On February 19, 2025, Hagerty acquired 1,056 shares of common stock as part of the settlement of a 2022 restricted stock unit performance award.
• Also on February 19, 2025, 346 shares were disposed of at a price of $116.79 for tax withholding purposes.
• Following these transactions, Hagerty directly owns 8,477 shares of PPG common stock.
• Hagerty also indirectly owns 2,394.66 shares through the PPG Industries Employee Savings Plan as of February 19, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation and tax-related transactions.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent standard executive compensation and tax-related activities.

Key Dates

Keywords

PPG Industries, Chancey E. Hagerty, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Unit, Tax Withholding, Employee Savings Plan