4//SEC Filing
Cornett John Gregory 4
Accession 0000950170-25-012364
CIK 0000922224other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:37 PM ET
Size
26.1 KB
Accession
0000950170-25-012364
Insider Transaction Report
Form 4
PPL CorpPPL
Cornett John Gregory
President of a PPL Subsidiary
Transactions
- Tax Payment
Common Stock
2025-01-30$33.47/sh−910$30,458→ 3,725 total - Exercise/Conversion
Common Stock
2025-01-30$33.47/sh+4,058$135,821→ 7,783 total - Award
Performance Stock Unit (SIP)
2025-01-30+3,840→ 3,840 total→ Common Stock (3,840 underlying) - Exercise/Conversion
Performance Stock Unit (SIP)
2025-01-30−4,058→ 0 total→ Common Stock (4,058 underlying) - Tax Payment
Common Stock
2025-01-30$33.47/sh−1,263$42,273→ 6,520 total - Award
Performance Stock Unit (SIP)
2025-01-30+1,920→ 1,920 total→ Common Stock (1,920 underlying) - Award
Performance Stock Unit (SIP)
2025-01-30+1,920→ 1,920 total→ Common Stock (1,920 underlying) - Exercise/Conversion
Performance Stock Unit (SIP)
2025-01-30−2,528→ 0 total→ Common Stock (2,528 underlying) - Exercise/Conversion
Common Stock
2025-01-30$33.47/sh+2,528$84,612→ 4,635 total - Award
Stock Unit (SIP)
2025-01-30+1,920→ 1,920 total→ Common Stock (1,920 underlying)
Footnotes (11)
- [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 Incentive Compensation Plan for Key Employees (ICPKE).
- [F10]Total includes the reinvestment of dividends.
- [F11]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 (195.64%) based on the Company's achievements of certain ESG-related metrics 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 01/30/2025.
- [F2]No conversion or exercise price applies. Under the terms of the Stock Incentive Plan (SIP), a restricted stock unit converts to a share of common stock on the applicable vesting date.
- [F3]The total grant of 1,920 restricted stock units will vest in three equal installments on 01/30/2026, 01/30/2027, and 01/30/2028.
- [F4]As of 02/03/2025, total restricted stock units beneficially owned is 5,525.435. This total includes the 01/20/2023 grant of 1,237 restricted stock units, 01/25/2024 grant of 1,488 restricted stock units, the 03/04/2024 grant of 734.831 restricted stock units, and the 05/02/2024 grant of 145.604 restricted stock units, plus in the case of the 03/04/2024 and 05/02/2024 grants, the incremental addition of restricted stock units credited to the original grant in amounts equal to dividend equivalents deemed earned on shares underlying such restricted stock units, and the 01/30/2025 grant of 1,920 restricted stock units.
- [F5]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's performance relative to an industry peer group over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028.
- [F6]As of 02/03/2025, total performance units beneficially owned is 23,966.20. This total includes the 01/27/2022 grant of 1,291.839 performance units, the three 01/20/2023 grants of (a) 2,655.692, (b) 1,328.381, and (c) 1,328.381 performance units, the three 01/25/2024 grants of (a) 3,080.084, (b) 1,540.042, and (c) 1,540.042 performance units, the 03/04/2024 grants of (a) 1,469.663, (b) 734.831, and (c) 734.831 performance units, and the 05/02/2024 grants of (a) 291.206, (b) 145.604, and (c) 145.604 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) 3,840, (b) 1,920, and (c) 1,920 performance units.
- [F7]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's earnings growth over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028.
- [F8]No conversion or exercise price or exercise or expiration date applies. Under the terms of the Stock Incentive Plan (SIP), all, some or none of the underlying securities will be earned depending on the Company's achievement of certain long-term sustainability-related metrics over a three-year performance period ending 12/31/2027. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2028.
- [F9]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 (157.10%) based on the Company's performance relative to an industry peer group 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 01/30/2025.
Documents
Issuer
PPL Corp
CIK 0000922224
Entity typeother
Related Parties
1- filerCIK 0002013670
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 4:37 PM ET
- Size
- 26.1 KB