Vincent Sorgi - 13 Feb 2025 Form 4 Insider Report for PPL Corp (PPL)

Role
President and CEO
Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi
Issuer symbol
PPL
Transactions as of
13 Feb 2025
Transactions value $
$1,182,224
Form type
4
Filing time
18 Feb 2025, 18:47:37 UTC
Previous filing
03 Feb 2025
Next filing
11 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPL Common Stock Options Exercise $2,102,519 +61,102 +13% $34.41 515,963 13 Feb 2025 Direct
transaction PPL Common Stock Tax liability -$920,295 -26,745 -5.2% $34.41 489,218 13 Feb 2025 Direct F2
holding PPL Common Stock 172 13 Feb 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 Performance Stock Unit (SIP) Options Exercise $0 -61,102 -100% $0 0 13 Feb 2025 Common Stock 61,102 $0 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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 562,005.954. This total includes the three 01/20/2023 grants of (a) 88,049.085, (b) 44,024.542, and (c) 44,024.542 performance units and the three 01/25/2024 grants of (a) 104,176.393, (b) 52,088.196, and (c) 52,088.196 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) 88,777, (b) 44,389, and (c) 44,389 performance units.