Tadd J. Henninger - Jan 27, 2025 Form 4 Insider Report for PPL Corp (PPL)

Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Tadd J. Henninger
Stock symbol
PPL
Transactions as of
Jan 27, 2025
Transactions value $
$61
Form type
4
Date filed
1/29/2025, 04:05 PM
Previous filing
Jan 22, 2025
Next filing
Feb 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPL Common Stock Options Exercise $72.4K +2.16K +19.2% $33.51 13.4K Jan 27, 2025 Direct F1
transaction PPL Common Stock Tax liability -$24.7K -737 -5.49% $33.51 12.7K Jan 27, 2025 Direct F1, F2
transaction PPL Common Stock Sale -$47.7K -1.42K -11.23% $33.48 11.3K Jan 28, 2025 Direct F1, F3
holding PPL Common Stock 98.5 Jan 27, 2025 Held in trust pursuant to the Employee Stock Ownership Plan. F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPL Stock Unit (SIP) Options Exercise $0 -2.16K -100% $0.00 0 Jan 27, 2025 Common Stock 2.16K $0.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 Stock Incentive Plan (SIP).
F3 Represents the sale of 1,424 shares of common stock pursuant to a 10b5-1 plan, dated May 30, 2024.
F4 The units vested on 01/27/2025.