PPL Corp (NYSE: PPL) director awarded 1,228.243 DDCP stock units
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.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
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 shares (Direct)
Footnotes (2)
- 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.
- 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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.