PPL SEC Filings

PPL affiliate submitted a Form 144 notice proposing sale of vested restricted common stock. The filing lists multiple restricted stock vesting events with specific share amounts and dates, including 592 shares (02/14/2022), 340 shares (02/14/2023), 440 shares (02/18/2024), 735 shares (01/27/2025), 4,413 shares (01/30/2025), and 531 shares (02/13/2025). The broker shown is Fidelity Brokerage Services LLC.

PPL Electric Utilities, a subsidiary of PPL Corporation, received approval to increase its annual base distribution revenue by approximately $275 million, effective July 1, 2026. The Pennsylvania Public Utility Commission approved a settlement that supports grid reliability investments and expanded customer assistance programs.

The decision will raise residential customer bills by 3.23%, including an estimated $6.48 per month increase for a typical 1,000 kWh residential bill. Commercial customers at 1,000 kWh / 3 kW will see a $4.08 monthly increase, and industrial customers at 150,000 kWh / 500 kW will see a $332.54 monthly increase.

The settlement creates a new large-load customer rate class with binding commitments of at least 10 years, helping ensure these users cover related infrastructure costs. Beginning in 2027, $11 million annually in low-income program assistance will be assigned to these large-load customers through a non-bypassable charge. PPL Electric will not increase base distribution rates for at least two years after implementation, marking its first base rate increase since 2016.

PPL Corporation reported that its wholly owned subsidiary, The Narragansett Electric Company (doing business as Rhode Island Energy), issued $400 million of 6.000% Senior Notes due May 15, 2056 in a private placement to qualified institutional buyers and certain non-U.S. persons under Regulation S. The notes are senior, unsecured obligations of the issuer, are not guaranteed by PPL or other subsidiaries, and pay interest semiannually each May 15 and November 15, starting November 15, 2026. Net proceeds were $396.3 million after discounts and commissions, and the issuer intends to use them to repay short-term debt incurred primarily for capital expenditures and general corporate purposes. The notes were issued under an existing base indenture and a seventh supplemental indenture that includes customary events of default and limited covenants, mainly restricting mergers, consolidations, or major asset sales.

PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, issued $500,000,000 of First Mortgage Bonds, 5.75% Series due May 15, 2056. The bonds were sold under an underwriting agreement with a syndicate led by MUFG Securities Americas, PNC Capital Markets, U.S. Bancorp Investments, and Wells Fargo Securities.

The bonds were issued under PPL Electric's 2001 Indenture, as supplemented, and are secured by a lien on substantially all of its distribution properties and certain transmission properties, subject to stated exceptions. PPL Electric plans to use the net proceeds to repay short-term debt and for general corporate purposes.

T. Rowe Price Investment Management, Inc. reports beneficial ownership of 20,715,906 shares of PPL CORP common stock, representing 2.8% of the class as disclosed for the period ending 03/31/2026. The filing states sole voting power of 19,500,688 shares and sole dispositive power of 20,715,906 shares. The filer affirms the filing should not be construed as an admission of beneficial ownership.

PPL Corporation reported results of its 2026 Annual Meeting of Shareowners held on May 13, 2026. Shareowners elected all nine director nominees, each receiving over 585 million votes in favor, with broker non-votes just over 69 million for each nominee.

Shareowners also approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with about 580,083,934 votes for and 18,747,637 against. They approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan, with 582,471,858 votes for, and ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 662,634,703 votes for.

PPL Corporation reported higher results for the quarter ended March 31, 2026. Operating revenues rose to $2,774 million from $2,504 million a year earlier, while net income increased to $452 million from $414 million. Basic and diluted earnings per share grew to $0.60 from $0.56.

Operating cash flow strengthened to $557 million, supporting heavy capital investment of $1,058 million in property, plant and equipment, mainly across regulated utilities in Pennsylvania, Kentucky and Rhode Island. Long‑term debt outstanding increased to $19,024 million, helped by $1,150 million of new issuances.

The Kentucky Regulated segment generated net income of $270 million, Pennsylvania Regulated $184 million and Rhode Island Regulated $36 million. Regulators in Kentucky approved base rate increases totaling $233 million of annual electric and gas revenues and authorized returns on equity of 9.775% for base rates and 9.675% for capital riders, alongside a new pilot generation recovery mechanism and a tariff aimed at very high-load customers such as data centers.

In Rhode Island, RIE requested a two‑year electric and gas base distribution rate plan seeking about $181 million of additional first‑year revenues and $49 million more in the second year, with a proposed 10.75% ROE. PPL also described ongoing work to satisfy a hold‑harmless commitment to Rhode Island customers via bill credits and noted that recent federal tax law changes, including the One Big Beautiful Bill Act and related IRS guidance, are not currently expected to materially limit its clean energy tax credits.

PPL Corporation reported stronger first-quarter 2026 results and maintained its outlook. Revenue rose to $2.77 billion from $2.50 billion, and GAAP net income increased to $452 million, or $0.60 per share, up from $414 million, or $0.56 per share, a year earlier.

Non-GAAP earnings from ongoing operations were $478 million, or $0.63 per share, compared with $444 million, or $0.60 per share, in 2025. Kentucky drove most of the per-share improvement, while Pennsylvania and Rhode Island contributed steady ongoing earnings.

PPL reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share (midpoint $1.94) and its 6%–8% annual EPS growth target through at least 2029, expecting compound growth near the top of that range. Management highlighted plans for $5.1 billion of 2026 infrastructure investments, regulatory progress in Pennsylvania and Rhode Island, and continued build-out of new gas, solar and battery generation in Kentucky.

PPL Corp reports a Schedule 13G showing 7.31% beneficial ownership by Vanguard Capital Management. Vanguard Capital Management reports 54,981,572 shares beneficially owned, with 7,782,934 shares of sole voting power and sole dispositive power over the full 54,981,572 shares. The filing is signed by Ashley Grim on 04/30/2026.