Form 4: PPG Industries Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Kevin D. Braun, Sr. VP of Operations at PPG Industries, reported a transaction involving phantom stock units.
Summary
- Kevin D. Braun, Sr. VP of Operations at PPG Industries, Inc., reported a transaction on May 15, 2026.
- The transaction involved 2.108 phantom stock units, which convert to common stock on a one-for-one basis.
- These units are held within the PPG Industries, Inc. Deferred Compensation Plan.
- The number of shares attributed to the reporting person may fluctuate based on the fair market value of PPG's common stock and the cash in the fund.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine transaction related to executive compensation rather than significant financial performance or strategic shifts.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and potential stock ownership changes within the chemicals and coatings industry.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Date of transaction involving phantom stock units. |
| 05/18/2026 | Date of filing of the Form 4 statement. |
Keywords
PPG Industries, Form 4, Stock Transaction, Phantom Stock Units, Deferred Compensation Plan, Executive Compensation, SEC Filing
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