Heather Redman reports 24,717.983 total PPL shares after DDCP grant
Rhea-AI Filing Summary
PPL Corp director Heather B. Redman acquired 1,161.52 stock units under the company's Directors Deferred Compensation Plan (DDCP) on 10/01/2025. Those units represent an entitlement to common stock that will be paid out following the director's retirement; no exercise or conversion price applies. The filing shows the Director now beneficially owns 24,717.983 shares in total, which the filer notes includes the reinvestment of dividends. The transaction was reported on a Form 4 and was filed individually by the reporting person.
Positive
- 1,161.52 stock units granted under the DDCP, aligning director compensation with company equity
- Total beneficial ownership reported as 24,717.983 shares, with dividend reinvestment disclosed
Negative
- None.
Insights
Director deferred-compensation award of 1,161.52 stock units disclosed.
The Form 4 reports a non-cash grant under the DDCP that vests to common stock upon the director's retirement; no exercise price applies, indicating this is a deferred share entitlement rather than an option.
The report also states the director's total beneficial ownership is 24,717.983 shares, including dividend reinvestment. This disclosure updates ownership stakes for compliance and investor transparency.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Unit (DDCP) | 1,161.52 | $36.59 | $43K |
Footnotes (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. Total includes the reinvestment of dividends.