PPL Corp (NYSE: PPL) director reports 1,246.084 DDCP stock units

Rhea-AI Filing Summary

PPL Corp director Keith H. Williamson reported acquiring additional deferred stock units under the company’s Directors Deferred Compensation Plan (DDCP). On 01/02/2026, a derivative security labeled as Stock Unit (DDCP) tied to PPL common stock was credited with 1,246.084 units at a derivative price of $35.11 per unit.

After this transaction, Williamson beneficially owned 137,034.885 derivative securities on a direct basis. Under the DDCP, there is no conversion or exercise price, and payout of the underlying securities occurs following the director’s retirement. The reported total also includes the reinvestment of dividends.

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

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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^*

Williamson Keith H

(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	137,034.885(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 Keith H. Williamson	01/06/2026
	** 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).
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FAQ

What insider transaction did PPL (PPL) disclose in this filing?

PPL Corp director Keith H. Williamson reported the acquisition of 1,246.084 Stock Unit (DDCP) derivative securities tied to PPL common stock on 01/02/2026.

What is the price and type of security involved in the PPL (PPL) insider transaction?

The transaction involved Stock Unit (DDCP) derivative securities with a reported derivative price of $35.11 per unit, each linked to PPL common stock.

How many PPL-related derivative securities does the director own after this transaction?

Following the reported transaction, Keith H. Williamson beneficially owned 137,034.885 PPL-related derivative securities, held in direct ownership.

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

Under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur after the director’s retirement.

Does the reported PPL (PPL) holding include reinvested dividends?

Yes. The filing explains that the reported total number of derivative securities includes the reinvestment of dividends.

Is the PPL (PPL) insider’s ownership reported as direct or indirect?

The 137,034.885 derivative securities tied to PPL common stock are reported as held in direct (D) ownership by the director.