Form 4 for PPL PPL Corporation
Accepted 2025-02-03 00:00:00 ET · period of report 2025-01-30 · accession 0000950170-25-012380 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-03 | 2025-01-30 | PPL | Martin Christine M | Pres of a PPL Subsidiary | M - OptEx | $33.47 | +9,778 | 33.2K | +42% | +$327.3K |
| DM | 2025-02-03 | 2025-01-30 | PPL | Martin Christine M | Pres of a PPL Subsidiary | F - Tax | $33.47 | -2,918 | 32.0K | -8% | -$97.7K |
| DM | 2025-02-03 | 2025-01-30 | PPL | Martin Christine M | Pres of a PPL Subsidiary | A - Grant | $0.00 | +10.1K | 2,014 | New | $0 |
| DM | 2025-02-03 | 2025-01-30 | PPL | Martin Christine M | Pres of a PPL Subsidiary | M - OptEx | $0.00 | -9,778 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-30 | M | A | 6,025 | $33.47 | 38,028.27 | D | — | — | (F1) Total includes the reinvestment of dividends. |
| 2 | Common | Common Stock | 2025-01-30 | F | D | 1,717 | $33.47 | 36,311.27 | D | — | — | (F1) Total includes the reinvestment of dividends. |
| 3 | Common | Common Stock | 2025-01-30 | M | A | 3,753 | $33.47 | 33,204.27 | D | — | — | (F1) Total includes the reinvestment of dividends. |
| 4 | Common | Common Stock | 2025-01-30 | F | D | 1,201 | $33.47 | 32,003.27 | D | — | — | (F1) Total includes the reinvestment of dividends. |
| 5 | Derivative | Performance Stock Unit (SIP) | 2025-01-30 | A | A | 4,027 | $0.00 | 4,027 | D | — · — to — | 4,027 Common Stock | (F7) As of 02/03/2025, total performance units beneficially owned is 28,121.306. This total includes the 01/27/2022 grant of 1,917.814 performance units, the three 01/20/2023 grants of (a) 3,831.582 (b) 1,915.792, and (c) 1,915.792 performance units, and the three 01/25/2024 grants of (a) 5,242.146, (b) 2,621.59, and (c) 2,621.59 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 4,027, (b) 2,014, and (c) 2,014 performance units. (F6) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028. |
| 6 | Derivative | Performance Stock Unit (SIP) | 2025-01-30 | M | D | 3,753 | $0.00 | 0 | D | — · — to — | 3,753 Common Stock | (F1) Total includes the reinvestment of dividends. (F7) As of 02/03/2025, total performance units beneficially owned is 28,121.306. This total includes the 01/27/2022 grant of 1,917.814 performance units, the three 01/20/2023 grants of (a) 3,831.582 (b) 1,915.792, and (c) 1,915.792 performance units, and the three 01/25/2024 grants of (a) 5,242.146, (b) 2,621.59, and (c) 2,621.59 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 4,027, (b) 2,014, and (c) 2,014 performance units. (F11) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (195.64%) based on the Company's achievements of certain ESG-related metrics over a three-year performance period ending 12/31/2024. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/30/2025 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2025. |
| 7 | Derivative | Performance Stock Unit (SIP) | 2025-01-30 | A | A | 2,014 | $0.00 | 2,014 | D | — · — to — | 2,014 Common Stock | (F7) As of 02/03/2025, total performance units beneficially owned is 28,121.306. This total includes the 01/27/2022 grant of 1,917.814 performance units, the three 01/20/2023 grants of (a) 3,831.582 (b) 1,915.792, and (c) 1,915.792 performance units, and the three 01/25/2024 grants of (a) 5,242.146, (b) 2,621.59, and (c) 2,621.59 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 4,027, (b) 2,014, and (c) 2,014 performance units. (F9) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain long-term sustainability-related metrics over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028. |
| 8 | Derivative | Performance Stock Unit (SIP) | 2025-01-30 | M | D | 6,025 | $0.00 | 0 | D | — · — to — | 6,025 Common Stock | (F1) Total includes the reinvestment of dividends. (F7) As of 02/03/2025, total performance units beneficially owned is 28,121.306. This total includes the 01/27/2022 grant of 1,917.814 performance units, the three 01/20/2023 grants of (a) 3,831.582 (b) 1,915.792, and (c) 1,915.792 performance units, and the three 01/25/2024 grants of (a) 5,242.146, (b) 2,621.59, and (c) 2,621.59 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 4,027, (b) 2,014, and (c) 2,014 performance units. (F10) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), the underlying securities were earned (157.10%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2024. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/30/2025 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2025. |
| 9 | Derivative | Stock Unit (SIP) | 2025-01-30 | A | A | 2,014 | $0.00 | 2,014 | D | — · — to — | 2,014 Common Stock | (F5) As of 02/03/2025, total restricted stock units beneficially owned is 8,060.59. This total includes the 05/25/2022 grant of 429 restricted stock units, the 01/20/2023 grant of 1,784 restricted stock units, the 09/01/2023 grant of 1,212 restricted stock units, and the 01/25/2024 grant of 2,621.69 restricted stock units, plus in the case of the 01/25/2024 grant, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/30/2025 grant of 2,014 restricted stock units. (F3) No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date. (F4) The total grant of 2,014 restricted stock units will vest in three equal installments on 01/30/2026, 01/30/2027, and 01/30/2028. |
| 10 | Derivative | Performance Stock Unit (SIP) | 2025-01-30 | A | A | 2,014 | $0.00 | 2,014 | D | — · — to — | 2,014 Common Stock | (F7) As of 02/03/2025, total performance units beneficially owned is 28,121.306. This total includes the 01/27/2022 grant of 1,917.814 performance units, the three 01/20/2023 grants of (a) 3,831.582 (b) 1,915.792, and (c) 1,915.792 performance units, and the three 01/25/2024 grants of (a) 5,242.146, (b) 2,621.59, and (c) 2,621.59 performance units, plus in each case, the incremental addition of performance units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such performance units, and the three 01/30/2025 grants of (a) 4,027, (b) 2,014, and (c) 2,014 performance units. (F8) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028. |