PPL Corp — Director's Dealing 2025

Feb 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2025-02-13

Reporting Person: Crockett John R III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-13	Common Stock	M	8630	$34.41	Acquired	43371.515	Direct
2025-02-13	Common Stock	F	3931	$34.41	Disposed	39440.515	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-13	Performance Stock Unit (SIP)	$0.00	M	8630	Disposed		Common Stock (8630)	Direct

Footnotes

F1: Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP).

F2: Total includes the reinvestment of dividends.

F3: 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 (146%) based on the Company's earnings growth 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 02/13/2025.

F4: As of 02/18/2025, total performance units beneficially owned is 64,363.523. This total includes the three 01/20/2023 grants of (a) 11,812.616, (b) 5,906.309, and (c) 5,906.309 performance units and the three 01/25/2024 grants of (a) 12,062.627, (b) 6,031.831, and (c) 6,031.831 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) 8,306, (b) 4,153, and (c) 4,153 performance units.