PPL director receives 1,342 deferred stock units

PPL Corp director Art P. Beattie received an award of stock units under the company’s Directors Deferred Compensation Plan (DDCP).

Rhea-AI Filing Summary

PPL Corp director Art P. Beattie received an award of stock units under the company’s Directors Deferred Compensation Plan (DDCP). On the transaction date, he acquired 1,342.195 Stock Units (DDCP), each tied to PPL common stock at a reference price of $38.37 per unit.

Following this grant, Beattie holds a total of 48,549.946 Stock Units (DDCP) directly. According to the plan, these units will be paid out in underlying common shares after the director’s retirement, and the total includes units accumulated through dividend reinvestment.

Insider Trade Summary

Grant/Award: 1,342.195 shares

Grant/Award 1 txn

Insider BEATTIE ART P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit (DDCP)	1,342.195	$38.37	$52K

Holdings After Transaction: Stock Unit (DDCP) — 48,549.946 contracts (Direct)

Footnotes (2)

1. F1. 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. F2. Total includes the reinvestment of dividends.

Key Figures

Stock units granted: 1,342.195 units Reference price per unit: $38.37 per unit Total DDCP units after grant: 48,549.946 units +1 more

4 metrics

Stock units granted 1,342.195 units Stock Units (DDCP) granted on April 1, 2026

Reference price per unit $38.37 per unit Valuation for DDCP stock unit grant

Total DDCP units after grant 48,549.946 units Stock Units (DDCP) held following transaction

Underlying common stock 1,342.195 shares Common Stock underlying the new Stock Units (DDCP)

Key Terms

Stock Unit (DDCP), Directors Deferred Compensation Plan (DDCP), dividend reinvestment, grant, award, or other acquisition

4 terms

Stock Unit (DDCP) financial

"security_title: "Stock Unit (DDCP)""

Directors Deferred Compensation Plan (DDCP) financial

"under the terms of the Directors Deferred Compensation Plan (DDCP)"

dividend reinvestment financial

"Total includes the reinvestment of dividends."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

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

What did PPL (PPL) director Art P. Beattie report on this Form 4?

Art P. Beattie reported receiving 1,342.195 Stock Units (DDCP) linked to PPL common stock. These units were granted as part of director compensation, increasing his total DDCP stock unit holdings to 48,549.946, with payout to occur in common shares after retirement under plan terms.

Is the PPL (PPL) Form 4 transaction an open-market stock purchase or sale?

The Form 4 reflects a grant of Stock Units (DDCP), not an open-market purchase or sale. The transaction code is “A” for a grant or award, and it represents compensation delivered in deferred stock units rather than a discretionary trade in PPL common stock.

How many PPL (PPL) stock units does Art P. Beattie hold after this grant?

After the reported grant, Art P. Beattie holds 48,549.946 Stock Units (DDCP). These units are tied to PPL common stock and include amounts accumulated through dividend reinvestment, with payout in the underlying securities scheduled to occur following his retirement from the board.

What is the reference price for the PPL (PPL) Stock Units (DDCP) granted?

The 1,342.195 Stock Units (DDCP) were recorded at a reference price of $38.37 per unit. This price reflects the valuation used for the deferred compensation grant and is not described as an open-market trade price in this Form 4 insider filing.

When will the PPL (PPL) Stock Units (DDCP) be paid out to the director?

Under the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities occurs after the director’s retirement. The footnote specifies no exercise price applies, and the units convert into PPL common stock for distribution once the director retires from service.

Does dividend reinvestment affect Art P. Beattie’s PPL (PPL) DDCP balance?

Yes. A footnote explains that the total 48,549.946 Stock Units (DDCP) includes reinvestment of dividends. Instead of cash dividends, additional stock units accumulate in the deferred compensation account, increasing the director’s total DDCP-based exposure to PPL common stock.

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

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Accepted by SEC EDGAR 04/02/2026 - 04:18 PM EDT Learn about SEC filing dates

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^*

BEATTIE ART P

(Last) (First) (Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN PENNSYLVANIA 18101

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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)	04/01/2026		A		1,342.195		(1)	(1)	Common Stock	1,342.195	$38.37	48,549.946(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 Arthur P. Beattie	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)