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PPG (PPG) director awarded new phantom stock units in Form 4 filing
PPG Industries director Kathleen Ligocki was granted 62.2787 phantom stock units, which convert to common shares one-for-one upon her departure from the board. These units are part of PPG’s Deferred Compensation Plan for Directors, where their value fluctuates with the company’s stock performance. Following this award, Ligocki now holds a total of 6,953.5576 phantom stock units, linking her compensation to the long-term success of PPG.