Vincent Sorgi - 29 Jan 2026 Form 4 Insider Report for PPL Corp (PPL)

Signature
/s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi
Issuer symbol
PPL
Transactions as of
29 Jan 2026
Net transactions value
+$4,646,539
Form type
4
Filing time
02 Feb 2026, 17:31:32 UTC
Previous filing
21 Jan 2026
Next filing
24 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sorgi Vincent President and CEO 645 HAMILTON STREET, ALLENTOWN /s/ W. Eric Marr, as Attorney-In-Fact for Vincent Sorgi 02 Feb 2026 0001488215

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPL Common Stock Options Exercise $2,399,619 +66,087 +14% $36.31 544,925 29 Jan 2026 Direct F2
transaction PPL Common Stock Tax liability $1,050,339 -28,927 -5.3% $36.31 515,998 29 Jan 2026 Direct F1, F2
transaction PPL Common Stock Options Exercise $5,310,882 +146,265 +28% $36.31 662,263 29 Jan 2026 Direct F2
transaction PPL Common Stock Tax liability $2,324,603 -64,021 -9.7% $36.31 598,242 29 Jan 2026 Direct F1, F2
transaction PPL Common Stock Options Exercise $553,057 +15,257 +2.6% $36.25 613,498 30 Jan 2026 Direct F2
transaction PPL Common Stock Tax liability $242,078 -6,678 -1.1% $36.25 606,820 30 Jan 2026 Direct F1, F2
holding PPL Common Stock 178 29 Jan 2026 Held in trust pursuant to the Employee Stock Ownership Plan. F2

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) Award $0 +42,144 $0.000000 42,144 29 Jan 2026 Common Stock 42,144 Direct F3, F4, F5
transaction PPL Performance Stock Unit (SIP) Award $0 +84,288 $0.000000 84,288 29 Jan 2026 Common Stock 84,288 Direct F6, F7
transaction PPL Performance Stock Unit (SIP) Award $0 +42,144 $0.000000 42,144 29 Jan 2026 Common Stock 42,144 Direct F7, F8
transaction PPL Performance Stock Unit (SIP) Award $0 +42,144 $0.000000 42,144 29 Jan 2026 Common Stock 42,144 Direct F7, F9
transaction PPL Performance Stock Unit (SIP) Options Exercise $0 -146,265 -100% $0.000000 0 29 Jan 2026 Common Stock 146,265 Direct F2, F7, F10
transaction PPL Performance Stock Unit (SIP) Options Exercise $0 -66,087 -100% $0.000000 0 29 Jan 2026 Common Stock 66,087 Direct F2, F7, F11
transaction PPL Stock Unit (SIP) Options Exercise $0 -15,257 -33% $0.000000 30,515 30 Jan 2026 Common Stock 15,257 Direct F2, F3, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F4 The total grant of 42,144 restricted stock units will vest in three equal installments on 01/29/2027, 01/29/2028, and 01/29/2029.
F5 As of 02/02/2026, total restricted stock units beneficially owned is 126,368.726. This total includes the 01/25/2024 grant of 53,710.207 restricted stock units, two-thirds of the 1/30/2025 grant, which totals 30,514.519, plus in each case, 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 01/29/2026 grant of 42,144 restricted stock units.
F6 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 a peer group (determined by the Company's People and Compensation Committee as described in more detail in the Company's annual Proxy Statement on Schedule 14A), over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F7 As of 02/02/2026, total performance units beneficially owned is 611,896.290. This total includes the 01/20/2023 grant of 45,395.453 performance units, the three 01/25/2024 grants of (a) 53,710.207, (b) 53,710.207, and (c) 107,420.413 performance units, the three 01/30/2025 grants of (a) 45,771.261, (b) 45,771.261, and (c) 91,541.488 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 1/29/2026 grants of (a) 42,144, (b) 42,144, and (c) 84,288 performance units.
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 earnings growth over a three-year performance period ending 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F9 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 12/31/2028. Determination of number of underlying securities that have been earned, if any, will be made by the People and Compensation Committee in January 2029.
F10 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 (161.10%) based on the Company's performance relative to an industry peer group 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 01/30/2026.
F11 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 (145.58%) based on the Company's achievements of certain ESG-related metrics 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 01/30/2026.
F12 One-third of the 01/30/2025 grant of restricted stock units vested on 01/30/2026; the remaining thirds will vest on 01/30/2027 and 01/30/2028, respectively.