Chancey E. Hagerty, Senior Vice President of the Performance Coatings Segment at PPG Industries, Inc., filed a Form 4 on November 2, 2026, disclosing an acquisition of phantom stock units in the PPG Industries, Inc. Deferred Compensation Plan with a transaction date of October 30, 2026.

Key Highlights

  • Reporting person: Chancey E. Hagerty, identified as Sr. VP, Perf Coatings Segment at PPG Industries, Inc.
  • Security acquired: 14.2165 Phantom Stock Units acquired (transaction code A) on October 30, 2026, at a price of $119.52 per unit.
  • Total holdings following transaction: 317.6156 phantom stock units beneficially owned in the PPG Industries, Inc. Deferred Compensation Plan.
  • Conversion terms: According to the filing, the phantom stock units convert to common stock on a one-for-one basis.
  • Settlement timing: The filing states units are exercisable after termination of employment with PPG.
  • Ownership form: The phantom stock units are held directly (D) by the reporting person.

Hagerty's Phantom Stock Unit Acquisition in PPG's Deferred Compensation Plan

According to the Form 4 filed with the SEC on November 2, 2026, Chancey E. Hagerty, who serves as Senior Vice President of the Performance Coatings Segment at PPG Industries, Inc. (NYSE:PPG), reported the acquisition of 14.2165 phantom stock units under the PPG Industries, Inc. Deferred Compensation Plan. The transaction, coded "A" for acquired, occurred on October 30, 2026, at a price of $119.52 per unit.

The filing explains that phantom stock units "represent interests in an unfunded unitized company stock fund comprised of stock and cash." The filing further notes that "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." Following the reported transaction, the filing discloses that Hagerty holds a total of 317.6156 phantom stock units in the plan.

The filing states that each phantom stock unit converts to common stock on a one-for-one basis, and that the units become exercisable after termination of employment with PPG. The Form 4 was signed by Greg E. Gordon as Attorney-in-Fact for Chancey E. Hagerty and filed on November 2, 2026. No non-derivative securities transactions were reported in Table I of the filing.

What Was Disclosed

Chancey E. Hagerty, Sr. VP at PPG Industries, Inc., disclosed the acquisition of 14.2165 phantom stock units on October 30, 2026, at $119.52 per unit through the company's Deferred Compensation Plan, bringing total plan holdings to 317.6156 units.