PPL Corp (NYSE: PPL) EVP nets shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PPL Corp executive vice president Lonnie E. Bellar reported routine equity compensation activity involving restricted stock units under the company’s Stock Incentive Plan. On 04/24/2026, 81.449 stock units vested and were converted into common stock, reflecting the first installment of a 245.380-unit grant awarded on 04/25/2025.
To cover taxes due at vesting, the company withheld 37 common shares at $38.75 per share at Bellar’s request, a non‑market tax-withholding disposition. Following these transactions, Bellar directly held 42,205.449 shares of PPL common stock, including shares from dividend reinvestment. Remaining installments of the original grant are scheduled to vest in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
81.449 shares exercised/converted
Mixed
3 txns
Insider
Bellar Lonnie E
Role
EVP-Eng, Constr and Gen
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Unit (SIP) | 81.449 | $0.00 | -- |
| Exercise | Common Stock | 81.449 | $38.75 | $3K |
| Tax Withholding | Common Stock | 37 | $38.75 | $1K |
Holdings After Transaction:
Stock Unit (SIP) — 0 shares (Direct, null);
Common Stock — 42,242.449 shares (Direct, null)
Footnotes (1)
- Shares withheld by the company at the request of the executive officer to pay taxes due following expiration of the applicable restriction period, under the terms of the Stock Incentive Plan (SIP). Total includes the reinvestment of dividends. The units vested on 04/24/2026 as the first installment of the restricted stock units granted on 04/25/2025. The remainder of the total grant of 245.380 restricted stock units will vest in two subsequent installments on 04/25/2027 (81.449 shares) and 04/25/2028 (82.482 shares).
Key Figures
Tax-withheld shares: 37 shares at $38.75
Units vested: 81.449 units
Post-transaction holdings: 42,205.449 shares
+3 more
6 metrics
Tax-withheld shares
37 shares at $38.75
Shares withheld to pay taxes on 04/24/2026 vesting
Units vested
81.449 units
Restricted stock units vesting under SIP on 04/24/2026
Post-transaction holdings
42,205.449 shares
Common stock directly held after transactions
Total RSU grant
245.380 units
Restricted stock units granted on 04/25/2025
Future vesting 2027
81.449 units
Installment scheduled to vest on 04/25/2027
Future vesting 2028
82.482 units
Installment scheduled to vest on 04/25/2028
Key Terms
Stock Unit (SIP), Stock Incentive Plan (SIP), restricted stock units, tax-withholding disposition, +1 more
5 terms
Stock Unit (SIP) financial
"security_title": "Stock Unit (SIP)""
Stock Incentive Plan (SIP) financial
"under the terms of the Stock Incentive Plan (SIP)."
restricted stock units financial
"restricted stock units granted on 04/25/2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
dividend reinvestment financial
"Total includes the reinvestment of dividends."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What insider transaction did PPL (PPL) EVP Lonnie Bellar report?
PPL EVP Lonnie E. Bellar reported routine equity compensation activity. On 04/24/2026, 81.449 stock units vested and converted into common shares, with a portion withheld to pay taxes under the company’s Stock Incentive Plan.
How many PPL (PPL) stock units vested for the EVP on 04/24/2026?
On 04/24/2026, 81.449 stock units vested for EVP Lonnie Bellar under the Stock Incentive Plan. These units were converted into common stock as the first installment of a larger restricted stock unit grant awarded in 2025.
What are Lonnie Bellar’s PPL (PPL) holdings after the reported transactions?
After the reported vesting and tax withholding, Lonnie Bellar directly held 42,205.449 shares of PPL common stock. This total includes the reinvestment of dividends, as noted in the filing’s footnotes describing his post-transaction ownership position.
How large is the full restricted stock unit grant for the PPL (PPL) EVP?
The full restricted stock unit grant totals 245.380 units. The first 81.449 units vested on 04/24/2026, with remaining installments of 81.449 units and 82.482 units scheduled to vest on 04/25/2027 and 04/25/2028, respectively.
Are the PPL (PPL) insider transactions open-market buys or sells?
The transactions are not open-market trades. They reflect restricted stock units vesting and a tax-withholding disposition, where 37 shares were withheld by the company to pay taxes, rather than being sold on the open market.