LIGOCKI KATHLEEN 4
4 · PPG INDUSTRIES INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
PPG Director Kathleen Ligocki Receives Award of 62.279 Shares
What Happened
- Kathleen Ligocki, a director of PPG Industries, received an award of 62.279 derivative shares (transaction code A) on March 12, 2026. The filing reports a per-share value of $100.73 and a total reported value of $6,273.
- This was an award of phantom stock units in PPG’s Deferred Compensation Plan for Directors (a derivative grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-12; filing date: 2026-03-13 (timely filing).
- Price/value: $100.73 per share; total reported value $6,273.
- Amount acquired: 62.279 phantom stock units (derivative).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — units convert to common stock on a one-for-one basis; F2 — conversion/settlement may occur after termination of director service; F3 — these are phantom stock units in the Deferred Compensation Plan (an unfunded unitized stock/cash fund whose credited units and value can change over time).
Context
- Phantom stock units are contingent/derivative awards that track stock value and typically convert or pay out later (here noted to convert one-for-one and potentially settle after service ends). They are not immediate open-market purchases and do not necessarily signal the director bought shares outright.
Insider Transaction Report
Form 4
LIGOCKI KATHLEEN
Director
Transactions
- Award
Phantom Stock Units
[F1][F2][F3]2026-03-12$100.73/sh+62.279$6,273→ 6,953.558 total→ Common Stock (62.279 underlying)
Footnotes (3)
- [F1]The security converts to common stock on a one-for-one basis.
- [F2]After termination of service as a Director of PPG Industries, Inc.
- [F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Kathleen A. Ligocki|2026-03-13