PPL EVP Bellar nets 2,106 shares from SIP vest

Q: What insider activity did PPL (PPL) report for Lonnie E. Bellar?

Lonnie E. Bellar, an officer of PPL Corp, reported the vesting of 2,106 Stock Unit (SIP) derivative units that converted into 2,106 shares of common stock on January 20, 2026, followed by tax-related share withholding.

Q: How many PPL (PPL) shares did Lonnie E. Bellar acquire and at what price?

Bellar acquired 2,106 shares of PPL common stock on January 20, 2026 in connection with vested Stock Unit (SIP) awards, at a transaction price of $36.91 per share.

Q: Why were 729 PPL (PPL) shares disposed of in Lonnie E. Bellar’s Form 4?

The Form 4 notes that 729 shares of common stock were withheld by the company at Bellar’s request to pay taxes due after the restriction period expired under the Stock Incentive Plan (SIP).

Q: What does the Stock Unit (SIP) transaction mean for PPL (PPL) insider ownership?

The Stock Unit (SIP) derivative units vested on January 20, 2026 and were settled in 2,106 shares of PPL common stock, increasing Bellar’s direct share ownership before tax withholding.

Q: Is Lonnie E. Bellar a director or officer of PPL (PPL)?

Bellar is reported as an officer of PPL Corp with the title EVP-Eng, Constr and Gen, and is not listed as a director or 10% owner in this Form 4.

PPL Corp executive vice president Lonnie E. Bellar reported routine equity compensation activity.

Accepted by SEC EDGAR 01/21/2026 - 04:05 PM EST

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Rhea-AI Filing Summary

PPL Corp executive vice president Lonnie E. Bellar reported routine equity compensation activity. On January 20, 2026, 2,106 Stock Unit (SIP) derivative units vested and were converted into 2,106 shares of PPL common stock at a price of $36.91 per share, increasing his directly held shares to 31,859.

On the same date, 729 shares of common stock were withheld by the company at Bellar’s request to cover taxes due upon vesting, as noted in the footnote. After this tax withholding transaction, Bellar directly held 31,130 shares of PPL common stock.

Insider Trade Summary

2,106 shares exercised/converted

Exercise 3 txns

Insider Bellar Lonnie E

Role EVP-Eng, Constr and Gen

Type	Security	Shares	Price	Value
Exercise	Stock Unit (SIP)	2,106	$0.00	$0.00
Exercise	Common Stock	2,106	$36.91	$78K
Exercise Price or Tax Liability	Common Stock	729	$36.91	$27K

Holdings After Transaction: Stock Unit (SIP) — 0 contracts (Direct); Common Stock — 31,130 shares (Direct)

Holdings Before and After: Stock Unit (SIP), 2,106 to 0 contracts (Direct); Common Stock, 29,753 to 31,130 shares (Direct)

Footnotes (2)

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. The units vested on 1/20/2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did PPL (PPL) report for Lonnie E. Bellar?

Lonnie E. Bellar, an officer of PPL Corp, reported the vesting of 2,106 Stock Unit (SIP) derivative units that converted into 2,106 shares of common stock on January 20, 2026, followed by tax-related share withholding.

How many PPL (PPL) shares did Lonnie E. Bellar acquire and at what price?

Bellar acquired 2,106 shares of PPL common stock on January 20, 2026 in connection with vested Stock Unit (SIP) awards, at a transaction price of $36.91 per share.

Why were 729 PPL (PPL) shares disposed of in Lonnie E. Bellar’s Form 4?

The Form 4 notes that 729 shares of common stock were withheld by the company at Bellar’s request to pay taxes due after the restriction period expired under the Stock Incentive Plan (SIP).

What does the Stock Unit (SIP) transaction mean for PPL (PPL) insider ownership?

The Stock Unit (SIP) derivative units vested on January 20, 2026 and were settled in 2,106 shares of PPL common stock, increasing Bellar’s direct share ownership before tax withholding.

How many PPL (PPL) shares does Lonnie E. Bellar own after these transactions?

After the vesting and associated tax withholding, Bellar directly owned 31,130 shares of PPL common stock, as shown in the Form 4.

Is Lonnie E. Bellar a director or officer of PPL (PPL)?

Bellar is reported as an officer of PPL Corp with the title EVP-Eng, Constr and Gen, and is not listed as a director or 10% owner in this Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bellar Lonnie E

(Last)

(First)

(Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP-Eng, Constr and Gen

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/20/2026		M		2,106	A	$36.91	31,859	D
Common Stock	01/20/2026		F⁽¹⁾		729	D	$36.91	31,130	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Unit (SIP)	$0.00	01/20/2026		M			2,106	⁽²⁾	⁽²⁾	Common Stock	2,106	$0	0	D

Explanation of Responses:

1. 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).

2. The units vested on 1/20/2026.

	/s/ W. Eric Marr, as Attorney-In-Fact for Lonnie E. Bellar	01/21/2026
	** 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.

Source: View Original Filing on SEC EDGAR