PPL (PPL) director Keith Williamson receives 1,140 deferred stock units award

Rhea-AI Filing Summary

Williamson Keith H reported acquisition or exercise transactions in this Form 4 filing.

PPL Corp director Keith H. Williamson received a grant of 1,140.214 stock units under the company’s Directors Deferred Compensation Plan (DDCP). These stock units track the value of PPL common stock and will be paid out in shares after his retirement, rather than immediately.

Following this award and the reinvestment of dividends, Williamson now holds a total of 139,192.950 stock units under the plan. This transaction reflects routine, compensation-related equity awards for a board member and does not involve any open-market buying or selling of PPL shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Williamson Keith H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit (DDCP)	1,140.214	$38.37	$44K

Holdings After Transaction: Stock Unit (DDCP) — 139,192.95 shares (Direct)

Footnotes (1)

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.

Key Figures

Stock units granted: 1,140.214 units Reference price per unit: $38.37 per unit Total DDCP units after grant: 139,192.950 units +1 more

4 metrics

Stock units granted 1,140.214 units DDCP award on April 1, 2026

Reference price per unit $38.37 per unit Value used for grant calculation

Total DDCP units after grant 139,192.950 units Holdings following transaction, including dividend reinvestment

Underlying security 1,140.214 shares PPL common stock linked to new stock units

Key Terms

Directors Deferred Compensation Plan (DDCP), stock unit, reinvestment of dividends, underlying securities

4 terms

Directors Deferred Compensation Plan (DDCP) financial

"under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur"

stock unit financial

"Stock Unit (DDCP)"

reinvestment of dividends financial

"Total includes the reinvestment of dividends."

underlying securities financial

"payout of the underlying securities will occur following a director's retirement."

Form 4 Insider Transactions: What Each Field Means →

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^*

Williamson Keith H

(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)
04/01/2026

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)	04/01/2026		A		1,140.214		(1)	(1)	Common Stock	1,140.214	$38.37	139,192.95(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	04/02/2026
	** 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)

FAQ

What insider transaction did PPL (PPL) director Keith H. Williamson report?

Keith H. Williamson reported receiving 1,140.214 stock units as a compensation-related award under PPL’s Directors Deferred Compensation Plan. These units are tied to PPL common stock and increase his total DDCP holdings to 139,192.950 units, including units from dividend reinvestment.

Is the PPL (PPL) Form 4 transaction a stock purchase or sale?

The Form 4 shows a grant of stock units, not an open-market purchase or sale. Williamson acquired 1,140.214 stock units as a compensation award, with no cash market trade involved and payout scheduled after retirement under the DDCP terms.

How many PPL (PPL) stock units does Keith H. Williamson now hold?

After the reported grant, Williamson holds 139,192.950 stock units under PPL’s Directors Deferred Compensation Plan. This total includes the newly awarded 1,140.214 units and prior units accumulated through earlier awards and the reinvestment of dividends as disclosed.

What is PPL’s Directors Deferred Compensation Plan (DDCP) as used in this Form 4?

The DDCP is a plan under which PPL directors receive stock units instead of immediate cash. These units track PPL common stock and are paid out in underlying shares after a director’s retirement, with no conversion or exercise price applying to the units.

What price is associated with the PPL (PPL) stock unit grant reported?

The reported grant of 1,140.214 stock units uses a reference price of $38.37 per unit. This figure reflects the value used for the compensation calculation; the footnotes clarify that payout of the underlying common stock will occur only after Williamson retires from the board.