PPG INDUSTRIES INC·4

Mar 13, 12:46 PM ET

Ericson Amy R. 4

4 · PPG INDUSTRIES INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

PPG Sr. VP Amy R. Ericson Receives Phantom Stock Award

What Happened

  • Amy R. Ericson, Senior Vice President, P&M Coatings at PPG Industries, received an award of 1.602 phantom stock units on 2026-03-12. The units are recorded at $100.73 each, for a total value of about $161. This was an award/grant (derivative), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; filing date: 2026-03-13 (filed next day).
  • Units awarded: 1.602 phantom stock units at $100.73 per unit — total ≈ $161.
  • Transaction type: Award/Grant (derivative interest in deferred compensation plan).
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes:
    • F1: Each unit converts to common stock on a one-for-one basis.
    • F2: Notes conversion/payout may occur after termination of employment.
    • F3: Units are "phantom stock" in PPG's Deferred Compensation Plan (unfunded, unitized fund that tracks stock and cash).
  • Filing appears timely (reported the next day); no 10b5-1 or tax-withholding notes shown.

Context

  • Phantom stock units are a form of deferred compensation that track the value of company shares; they are not immediately tradable common stock and typically pay out in cash or stock according to plan terms. Such awards are routine forms of executive compensation and do not, by themselves, indicate the insider is buying or selling shares in the open market.

Insider Transaction Report

Form 4
Period: 2026-03-12
Ericson Amy R.
Sr. VP, P&M Coatings
Transactions
  • Award

    Phantom Stock Units

    [F1][F2][F3]
    2026-03-12$100.73/sh+1.602$161229.43 total
    Common Stock (1.602 underlying)
Footnotes (3)
  • [F1]The security converts to common stock on a one-for-one basis.
  • [F2]After termination of employment with PPG.
  • [F3]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. 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 Amy R. Ericson|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773420404.xmlPrimary

    FORM 4