Morales Vincent J bought PPG
February 19, 2025 · Form 4 insider transaction
Morales Vincent J bought 8,320 shares of PPG Industries, Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Upon the settlement of the 2022 restricted stock unit performance award, the reporting person deferred the receipt of 8,320 shares of common stock and received instead 8,320 phantom stock units pursuant to the PPG Industries, Inc. Deferred Compensation Plan.; After termination of employment with PPG.; 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.