PPL (PPL) EVP & CLO Wendy Stark reports 9,650-unit vesting and tax share withholding

Rhea-AI Filing Summary

PPL Corp executive Wendy E. Stark, EVP & CLO, reported equity award activity involving company stock. On January 20, 2026, 9,650.243 stock units under the Stock Incentive Plan (SIP) vested and were converted into the same number of shares of PPL common stock at a price of $36.91 per share, increasing her directly held common stock to 69,681.79 shares.

On the same date, 3,002 shares of common stock were withheld by the company at her request to cover taxes due upon the expiration of the restriction period, also at $36.91 per share, leaving her with 66,679.79 shares of PPL common stock held directly after these transactions. The filing notes that the total related stock unit amount included reinvested dividends and that the units vested on January 20, 2026.

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^*

Stark Wendy E

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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
Common Stock	01/20/2026		M		9,650.243	A	$36.91	69,681.79	D
Common Stock	01/20/2026		F(1)		3,002	D	$36.91	66,679.79	D

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 (SIP)	$0.00	01/20/2026		M			9,650.243(2)	(3)	(3)	Common Stock	9,650.243(2)	$0.00	0	D

Explanation of Responses:

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).

2. Total includes the reinvestment of dividends.

3. The units vested on 01/20/2026.

	/s/ W. Eric Marr, as Attorney-In-Fact for Wendy E. Stark	01/21/2026
	** 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).
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FAQ

What insider transactions did PPL (PPL) report for Wendy E. Stark?

On January 20, 2026, EVP & CLO Wendy E. Stark reported the vesting and conversion of 9,650.243 stock units into PPL common stock and the withholding of 3,002 shares to cover taxes.

How many PPL common shares does Wendy E. Stark own after the reported Form 4 transactions?

After the transactions on January 20, 2026, Wendy E. Stark directly beneficially owned 66,679.79 shares of PPL common stock.

At what price were the PPL (PPL) equity transactions reported on this Form 4?

The Form 4 shows a transaction price of $36.91 per share for both the 9,650.243 shares acquired upon unit conversion and the 3,002 shares withheld to pay taxes.

What type of derivative security vested for Wendy E. Stark at PPL (PPL)?

The derivative security was a Stock Unit (SIP) award. A total of 9,650.243 stock units vested on January 20, 2026 and were settled in an equal number of PPL common shares.

Why were 3,002 PPL shares withheld in Wendy E. Starks Form 4 filing?

The filing explains that 3,002 PPL common shares were withheld by the company at the executive officers request to pay taxes due after the restriction period expired, under the Stock Incentive Plan (SIP).

Does the PPL (PPL) Form 4 mention dividend reinvestment in the stock units?

Yes. A footnote states that the total stock unit amount reported includes the reinvestment of dividends in the Stock Incentive Plan (SIP).