Form 4: PPG Industries Senior VP Alisha Bellezza Reports Acquisition of Phantom Stock Units

Alisha Bellezza, Senior Vice President of Automotive Coatings at PPG Industries, reported the acquisition of 0.5752 phantom stock units on May 30, 2025, as part of her beneficial ownership.

Summary

• Alisha Bellezza, Sr. VP, Automotive Coatings at PPG Industries, Inc., acquired 0.5752 phantom stock units.
• The transaction occurred on May 30, 2025.
• The price of the derivative security was $110.8 per unit.
• Following this transaction, Ms. Bellezza beneficially owns a total of 71.2537 phantom stock units.
• These phantom stock units convert to common stock on a one-for-one basis and become exercisable after termination of employment with PPG.
• The number of shares attributed to the reporting person may change based on the fair market value of PPG's common stock and the amount of cash in the fund, without the volition of the reporting person, as they represent interests in an unfunded unitized company stock fund.

Sentiment

Score: 5

Explanation: A Form 4 filing, especially for a small acquisition of phantom stock units, is generally neutral. It's a routine disclosure of executive compensation or ownership changes and does not typically convey strong positive or negative sentiment about the company's performance or outlook.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider's change in beneficial ownership and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive ownership and compensation structure.

Key Dates

Recommendation

Keywords

PPG Industries, PPG, Form 4, SEC Filing, Insider Transaction, Phantom Stock Units, Alisha Bellezza, Beneficial Ownership, Automotive Coatings, Executive Compensation