PPL director reports 1,161.52 DDCP units; holdings 134,743.018 shares

Rhea-AI Filing Summary

Keith H. Williamson, a director of PPL Corp (PPL), reported an acquisition under the company's Directors Deferred Compensation Plan on 10/01/2025. The Form 4 shows he was credited with 1,161.52 Stock Units (DDCP) at a reported per‑unit value of $36.59. The filing states the DDCP payout has no exercise price and that payout of the underlying common stock will occur following a director's retirement. After this transaction (which includes dividend reinvestment), the report lists total beneficial ownership of 134,743.018 shares. The Form 4 was signed by an attorney‑in‑fact on 10/02/2025.

Positive

• 1,161.52 Stock Units acquired under the Director Deferred Compensation Plan on 10/01/2025
• Reported beneficial ownership increased to 134,743.018 shares (includes reinvested dividends)
• Transaction occurred through the company's DDCP, with payout scheduled at retirement (no exercise price)

Negative

• None.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Williamson Keith H

(Last) (First) (Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN PA 18101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PPL Corp [ PPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Unit (DDCP)	(1)	10/01/2025		A		1,161.52		(1)	(1)	Common Stock	1,161.52	$36.59	134,743.018(2)	D

Explanation of Responses:

1. No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.

2. Total includes the reinvestment of dividends.

	/s/ W. Eric Marr, as Attorney-In-Fact for Keith H. Williamson	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Keith H. Williamson report on Form 4 for PPL (PPL)?

He reported an acquisition of 1,161.52 Stock Units under the Directors Deferred Compensation Plan on 10/01/2025.

How many PPL shares does the Form 4 say Keith H. Williamson beneficially owns after the transaction?

The Form 4 reports total beneficial ownership of 134,743.018 shares (the filing notes this total includes reinvested dividends).

What is the reported per‑unit price or value for the DDCP units on the Form 4?

The filing lists a reported value of $36.59 per Stock Unit.

When will the DDCP units be paid out to the director?

The Form 4 states payout of the underlying common stock under the DDCP will occur following a director's retirement.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by /s/ W. Eric Marr, as Attorney‑In‑Fact for Keith H. Williamson and dated 10/02/2025.