PPL Corp (PPL) director reports new deferred stock unit grant and holdings

Rhea-AI Filing Summary

PPL Corp director Craig A. Rogerson reported acquiring additional deferred stock units tied to PPL common stock under the company’s Directors Deferred Compensation Plan (DDCP). On 01/02/2026, he acquired 1,246.084 stock units at a reference price of $35.11 per unit, each corresponding to one share of PPL common stock. These units do not have a conversion or exercise price; instead, payout of the underlying securities will occur after the director’s retirement in line with the DDCP’s terms.

Following this transaction, Rogerson beneficially owned 242,538.487 derivative securities in the form of deferred stock units held directly. The total also reflects reinvestment of dividends into additional units, as provided under the plan.

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

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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^*

ROGERSON CRAIG A

(Last) (First) (Middle)

645 HAMILTON STREET

(Street)

ALLENTOWN PA 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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)
			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)	01/02/2026		A		1,246.084		(1)	(1)	Common Stock	1,246.084	$35.11	242,538.487(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 Craig A. Rogerson	01/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did PPL (PPL) report for Craig A. Rogerson?

Craig A. Rogerson, a director of PPL Corp, reported acquiring 1,246.084 deferred stock units tied to PPL common stock on 01/02/2026 under the company’s Directors Deferred Compensation Plan.

What is the nature of the derivative securities reported in this PPL Form 4?

The derivative securities are stock units under the Directors Deferred Compensation Plan (DDCP), each representing one share of PPL common stock, with payout occurring after the director’s retirement.

What price was used for the PPL deferred stock units acquired on 01/02/2026?

The 1,246.084 stock units were reported at a reference price of $35.11 per unit, with each unit corresponding to one share of PPL common stock.

How many PPL derivative securities does Craig A. Rogerson hold after this transaction?

After the reported acquisition, Craig A. Rogerson beneficially owned 242,538.487 derivative securities in the form of deferred stock units, held in direct ownership.

Does the PPL Directors Deferred Compensation Plan have an exercise or conversion price?

The filing states that no conversion or exercise price applies because, under the DDCP, payout of the underlying securities will occur following a director’s retirement instead of through an exercise event.

How are dividends treated under PPL’s Directors Deferred Compensation Plan for these units?

The total number of deferred stock units reported, 242,538.487, includes the reinvestment of dividends into additional units, as explained in the filing.