What are the key details of Kevin D. Braun’s recent phantom stock unit acquisition at PPG Industries?

Kevin D. Braun, Senior Vice President of Operations at PPG Industries, acquired 0.8364 Phantom Stock Units at $114.11 per unit, increasing his total holdings to 903.2593 units; these units are part of PPG’s Deferred Compensation Plan, will convert to common stock on a one-for-one basis upon termination of his employment, and fluctuate in value with the company’s stock price; the transaction is classified as neutral in both filing impact and sentiment.

How do PPG Industries’ phantom stock units function, and what is their conversion mechanism?

PPG Industries’ phantom stock units are part of the company’s Deferred Compensation Plan; they do not represent actual shares until employment terminates, at which point they convert to common stock on a one-for-one basis; their value fluctuates in tandem with the company’s stock price, and this transaction involving Kevin D. Braun is categorized as neutral in filing impact and sentiment.

PPG Industries SVP Holds 903 Phantom Units

Aug 17, 2026

Kevin D. Braun, Sr VP Operations at PPG Industries, acquired phantom stock units bringing his total holdings to 903.2593. The units will convert to common stock upon termination of employment.

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