PPL Corp director granted deferred stock units

PPL Corp director Kenneth Michael Hartwick reported an acquisition of 1,228.243 Stock Units (DDCP) on 2026-07-22 at a reference value of $35.6200 per unit.

Accepted by SEC EDGAR 07/23/2026 - 04:04 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PPL Corp director Kenneth Michael Hartwick reported an acquisition of 1,228.243 Stock Units (DDCP) on 2026-07-22 at a reference value of $35.6200 per unit. These stock units are payable in underlying common stock after his retirement under the Directors Deferred Compensation Plan, and the reported total includes reinvested dividends.

Insider Trade Summary

Grant/Award: 1,228.243 shares

Grant/Award 1 txn

Insider Hartwick Kenneth Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit (DDCP) F1, F2	1,228.243	$35.62	$44K

Holdings After Transaction: Stock Unit (DDCP) — 1,228.243 contracts (Direct)

Holdings Before and After: Stock Unit (DDCP), 0 to 1,228.243 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

DDCP Stock Units Granted: 1228.2430 units Grant Reference Price: $35.6200 per unit Total DDCP Units After Grant: 1228.2430 units +1 more

4 metrics

DDCP Stock Units Granted 1228.2430 units Stock Unit (DDCP) grant to director on 2026-07-22

Grant Reference Price $35.6200 per unit Value assigned per Stock Unit (DDCP) on grant date

Total DDCP Units After Grant 1228.2430 units Director’s DDCP-related holdings following the reported transaction

Underlying Common Shares 1228.2430 shares PPL common stock underlying the DDCP stock units

Key Terms

Stock Unit (DDCP), Directors Deferred Compensation Plan, reinvestment of dividends

3 terms

Stock Unit (DDCP) financial

"security_title is reported as "Stock Unit (DDCP)" for the grant"

Directors Deferred Compensation Plan financial

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

A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.

reinvestment of dividends financial

"Total includes the reinvestment of dividends."

FAQ

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

What insider transaction did PPL (PPL) director Kenneth Hartwick report?

Kenneth Michael Hartwick reported a grant of 1,228.243 Stock Units (DDCP) tied to PPL Corp common stock. The units were credited on 2026-07-22 under the Directors Deferred Compensation Plan and will be paid out following his retirement.

How many PPL (PPL) stock units were granted to Kenneth Hartwick and at what value?

Hartwick received 1,228.243 Stock Units (DDCP) valued at $35.6200 per unit. These units are deferred compensation linked to PPL common stock rather than an open-market purchase, and their total reflects reinvested dividends.

What is the DDCP mentioned in Kenneth Hartwick’s PPL (PPL) filing?

The DDCP is PPL’s Directors Deferred Compensation Plan, under which stock units accrue and are payable after a director’s retirement. For Hartwick, the grant’s underlying securities will be delivered in common stock at that future retirement-based payout date.

When will Kenneth Hartwick’s PPL (PPL) DDCP stock units be paid out?

The DDCP stock units pay out after Hartwick’s retirement. Under the plan’s terms, no conversion or exercise price applies; instead, the underlying PPL common stock is delivered as deferred compensation following his service as a director.

Does Kenneth Hartwick’s PPL (PPL) transaction include dividend reinvestment?

Yes. The reported total DDCP stock units for Hartwick explicitly includes the reinvestment of dividends. This means dividends credited on prior units were automatically reinvested into additional stock units within the same deferred compensation plan.

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

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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^*

Hartwick Kenneth Michael

(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)
07/22/2026

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)	07/22/2026		A		1,228.243		(1)	(1)	Common Stock	1,228.243	$35.62	1,228.243(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 Kenneth M. Hartwick	07/23/2026
	** 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)