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PPL Corp Director's Dealing 2026

Feb 24, 2026

30176_dirs_2026-02-24_7f2b6d80-8e8e-459d-8305-6578565a2ad4.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: 2026-02-20

Reporting Person: Bellar Lonnie E (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2026-02-20 Common Stock M 3533 $37.44 Acquired 43197 Direct
2026-02-20 Common Stock F 1036 $37.44 Disposed 42161 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2026-02-20 Performance Stock Unit (SIP) $0.00 M 3533 Disposed Common Stock (3533) 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 (151.5%) based on the Company's earnings growth 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 02/20/2026.

F4: As of 02/24/2026, total performance units beneficially owned is 51,112.992. This total includes 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.