Francis X. Sullivan - 13 Feb 2025 Form 4 Insider Report for PPL Corp (PPL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
18 Feb 2025, 18:42:14 UTC
Prior SEC filing
03 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ W. Eric Marr, as Attorney-In-Fact for Francis X. Sullivan

Key filing fact

Francis X. Sullivan filed Form 4 for PPL Corp (PPL) on 18 Feb 2025.

Key facts

  • This page summarizes Francis X. Sullivan's Form 4 filing for PPL Corp (PPL).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Feb 2025, 18:42.

Change

  • Previous filing in this sequence was filed on 03 Feb 2025.
  • Current net transaction value: +$31,760.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PPL transaction

Common Stock

Options Exercise

Transaction value
$50,824
Shares
+1,477
Change %
+33%
Price
$34.41
Shares after
5,990
Date
13 Feb 2025
Ownership
Direct
PPL transaction

Common Stock

Tax liability

Transaction value
$19,063
Shares
-554
Change %
-9.2%
Price
$34.41
Shares after
5,436
Date
13 Feb 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PPL transaction Derivative

Performance Stock Unit (ICPKE)

Options Exercise

Transaction value
$0
Shares
-1,477
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,477
Exercise price
$0.000000
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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).

Footnote F2

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 (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.

Footnote F3

As of 02/18/2025, total performance units beneficially owned is 132,965.464. This total includes the three 01/20/2023 grants of (a) 18,166.728, (b) 9,083.902, and (c) 9,083.902 performance units and the three 01/25/2024 grants of (a) 27,327.466, (b) 13,663.733, and (c) 13,663.733 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) 20,988, (b) 10,494, and (c) 10,494 performance units.

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