PPG - Capitalizing In Growth Prospects Ramaprasad Vadlamannati Acquires In PPG Indus Stock Options | Benzinga
Disclosed in a recent SEC filing, Ramaprasad Vadlamannati, SVP at PPG Indus (NYSE:PPG), made a strategic move by acquiring company stock options on February 22,.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Vadlamannati, SVP at PPG Indus, acquired 7,606 stock options for PPG with an exercise price of $142.65 per share.
During Friday's morning session, PPG Indus shares down by 0.0%, currently priced at $143.38. Considering the current price, Vadlamannati's 7,606 shares have a total value of $5,552.
Discovering PPG Indus: A Closer Look
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
PPG Indus: Delving into Financials
Revenue Growth: PPG Indus's revenue growth over a period of 3 months has been noteworthy. As of 31 ...