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PPL Corp — Director's Dealing 2025
Feb 19, 2025
30176_dirs_2025-02-18_255baef7-a069-4705-823a-e2159f59d6b3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2025-02-13
Reporting Person: Martin Christine M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-13 | Common Stock | M | 2801 | $34.41 | Acquired | 39112.266 | Direct |
| 2025-02-13 | Common Stock | F | 799 | $34.41 | Disposed | 38313.266 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-13 | Performance Stock Unit (ICPKE) | $0.00 | M | 2801 | Disposed | Common Stock (2801) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 237.697 | Indirect |
Footnotes
F1: Total includes the reinvestment of dividends.
F2: 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 Incentive Compensation Plan for Key Employees (ICPKE).
F3: 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 (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 26,203.492. This total includes 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.