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PPL Corp — Director's Dealing 2025
Apr 9, 2025
30176_dirs_2025-04-09_45252473-41b1-4909-a52e-ab35900b4da1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2025-03-31
Reporting Person: Bellar Lonnie E (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 28536 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Unit (ICPKE) | $ | Common Stock (1735) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (2106) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (2462) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (318) | Direct | ||
| Stock Unit (SIP) | $ | Common Stock (3914) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (2278.669) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (2278.669) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (4556.257) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (2567.363) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (2567.363) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (5134.726) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (331.61) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (331.61) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (662.175) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (3943.578) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (3943.578) | Direct | ||
| Performance Unit (SIP) | $ | Common Stock (7886.148) | Direct |
Footnotes
F1: The units will vest on 07/28/2025.
F2: No conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), a restricted stock unit converts to a share of common stock on the applicable vesting date.
F3: The units will vest on 01/20/2026.
F4: 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.
F5: The units will vest on 01/25/2027.
F6: The units will vest on 03/04/2027.
F7: The units will vest in three equal installments on 01/30/2026, 01/30/2027 and 01/30/2028.
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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2026.
F9: Total includes the reinvestment of dividends.
F10: 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 ESG-related metrics over a three-year performance period ending 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2026.
F11: 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 12/31/2025. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2026.
F12: 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 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
F13: 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 ESG-related metrics over a three-year performance period ending 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
F14: 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 12/31/2026. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2027.
F15: 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.
F16: 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.
F17: 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.