Form 4 for PPL PPL Corporation
Accepted 2026-02-02 00:00:00 ET · period of report 2026-01-29 · accession 0001193125-26-033889 · 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 | 2026-02-02 | 2026-01-29+ | PPL | Bellar Lonnie E | EVP-Eng, Constr, Gen | F - Tax | $36.30 | -3,677 | 38.7K | -9% | -$133.5K |
| DM | 2026-02-02 | 2026-01-29+ | PPL | Bellar Lonnie E | EVP-Eng, Constr, Gen | M - OptEx | $36.30 | +12.2K | 40.9K | +42% | +$443.3K |
| DM | 2026-02-02 | 2026-01-29+ | PPL | Bellar Lonnie E | EVP-Eng, Constr, Gen | M - OptEx | $0.00 | -12.2K | 0 | -100% | $0 |
| DM | 2026-02-02 | 2026-01-29 | PPL | Bellar Lonnie E | EVP-Eng, Constr, Gen | A - Grant | $0.00 | +27.7K | 5,533 | New | $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 | 2026-01-29 | F | D | 1,092 | $36.31 | 33,433 | D | — | — | |
| 2 | Common | Common Stock | 2026-01-30 | M | A | 1,304 | $36.25 | 40,047 | D | — | — | |
| 3 | Common | Common Stock | 2026-01-29 | M | A | 3,395 | $36.31 | 34,525 | D | — | — | |
| 4 | Common | Common Stock | 2026-01-30 | F | D | 383 | $36.25 | 39,664 | D | — | — | |
| 5 | Common | Common Stock | 2026-01-29 | M | A | 7,512 | $36.31 | 40,945 | D | — | — | |
| 6 | Common | Common Stock | 2026-01-29 | F | D | 2,202 | $36.31 | 38,743 | D | — | — | |
| 7 | Derivative | Stock Unit (SIP) | 2026-01-30 | M | D | 1,304 | $0.00 | 2,610 | D | — · — to — | 1,304 Common Stock | (F2) 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. (F12) One-third of the 01/30/2025 grant of restricted stock units vested on 01/30/2026; the remaining thirds will vest on 01/30/2027 and 01/30/2028, respectively. |
| 8 | Derivative | Performance Stock Unit (SIP) | 2026-01-29 | M | D | 7,512 | $0.00 | 0 | D | — · — to — | 7,512 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 02/02/2026, total performance units beneficially owned is 53,444.995. This total includes the 01/20/2023 grant of 2,332.003 performance units, the three 01/25/2024 grants of (a) 2,627.456, (b) 2,627.456, and (c) 5,254.909 performance units, the three 03/04/2024 grants of (a) 339.371, (b) 339.371, and (c) 677.674, the three 01/30/2025 grants of (a) 4,035.882, (b) 4,035.882, and (c) 8,070.731 performance units, the three 4/25/2025 grants of (a) 243.571, (b) 243.571, and (c) 486.118 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 01/29/2026 grants of (a) 5,533, (b) 5,533, and (c) 11,065 performance units. (F9) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (161.10%) based on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2025. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/29/2026 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2026. |
| 9 | Derivative | Performance Stock Unit (SIP) | 2026-01-29 | A | A | 5,533 | $0.00 | 5,533 | D | — · — to — | 5,533 Common Stock | (F6) As of 02/02/2026, total performance units beneficially owned is 53,444.995. This total includes the 01/20/2023 grant of 2,332.003 performance units, the three 01/25/2024 grants of (a) 2,627.456, (b) 2,627.456, and (c) 5,254.909 performance units, the three 03/04/2024 grants of (a) 339.371, (b) 339.371, and (c) 677.674, the three 01/30/2025 grants of (a) 4,035.882, (b) 4,035.882, and (c) 8,070.731 performance units, the three 4/25/2025 grants of (a) 243.571, (b) 243.571, and (c) 486.118 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 01/29/2026 grants of (a) 5,533, (b) 5,533, and (c) 11,065 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 achievement of certain long-term sustainability-related metrics over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029. |
| 10 | Derivative | Performance Stock Unit (SIP) | 2026-01-29 | A | A | 5,533 | $0.00 | 5,533 | D | — · — to — | 5,533 Common Stock | (F6) As of 02/02/2026, total performance units beneficially owned is 53,444.995. This total includes the 01/20/2023 grant of 2,332.003 performance units, the three 01/25/2024 grants of (a) 2,627.456, (b) 2,627.456, and (c) 5,254.909 performance units, the three 03/04/2024 grants of (a) 339.371, (b) 339.371, and (c) 677.674, the three 01/30/2025 grants of (a) 4,035.882, (b) 4,035.882, and (c) 8,070.731 performance units, the three 4/25/2025 grants of (a) 243.571, (b) 243.571, and (c) 486.118 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 01/29/2026 grants of (a) 5,533, (b) 5,533, and (c) 11,065 performance units. (F7) 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 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029. |
| 11 | Derivative | Performance Stock Unit (SIP) | 2026-01-29 | A | A | 11,065 | $0.00 | 11,065 | D | — · — to — | 11,065 Common Stock | (F6) As of 02/02/2026, total performance units beneficially owned is 53,444.995. This total includes the 01/20/2023 grant of 2,332.003 performance units, the three 01/25/2024 grants of (a) 2,627.456, (b) 2,627.456, and (c) 5,254.909 performance units, the three 03/04/2024 grants of (a) 339.371, (b) 339.371, and (c) 677.674, the three 01/30/2025 grants of (a) 4,035.882, (b) 4,035.882, and (c) 8,070.731 performance units, the three 4/25/2025 grants of (a) 243.571, (b) 243.571, and (c) 486.118 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 01/29/2026 grants of (a) 5,533, (b) 5,533, and (c) 11,065 performance units. (F5) 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 a peer group (determined by the Company's People and Compensation Committee as described in more detail in the Company's annual Proxy Statement on Schedule 14A), over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029. |
| 12 | Derivative | Stock Unit (SIP) | 2026-01-29 | A | A | 5,533 | $0.00 | 5,533 | D | — · — to — | 5,533 Common Stock | (F4) As of 02/02/2026, total restricted stock units beneficially owned is 11,166.57. This total includes the 01/25/2024 grant of 2,462 restricted stock units, the 03/04/2024 grant of 318 restricted stock units, two-thirds of the 01/30/2025 grant, which totals 2,610, the 04/25/2025 grant of 243.571 restricted stock units, plus in each case, 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 01/29/2026 grant of 5,533 restricted stock units. (F2) 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. (F3) The total grant of 5,533 restricted stock units will vest in three equal installments on 01/29/2027, 01/29/2028, and 01/29/2029. |
| 13 | Derivative | Performance Stock Unit (SIP) | 2026-01-29 | M | D | 3,395 | $0.00 | 0 | D | — · — to — | 3,395 Common Stock | (F10) Total includes the reinvestment of dividends. (F6) As of 02/02/2026, total performance units beneficially owned is 53,444.995. This total includes the 01/20/2023 grant of 2,332.003 performance units, the three 01/25/2024 grants of (a) 2,627.456, (b) 2,627.456, and (c) 5,254.909 performance units, the three 03/04/2024 grants of (a) 339.371, (b) 339.371, and (c) 677.674, the three 01/30/2025 grants of (a) 4,035.882, (b) 4,035.882, and (c) 8,070.731 performance units, the three 4/25/2025 grants of (a) 243.571, (b) 243.571, and (c) 486.118 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 01/29/2026 grants of (a) 5,533, (b) 5,533, and (c) 11,065 performance units. (F11) No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), the underlying securities were earned (145.58%) based on the Company's achievements of certain ESG-related metrics over a three-year performance period ending 12/31/2025. Determination of the percentage of the award earned was made by the People and Compensation Committee on 01/29/2026 and calculation of the underlying shares to be delivered, net of withholding, was completed on 01/30/2026. |