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Phoebe Wood of PPL Corp (NYSE: PPL) receives deferred stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PPL Corp director Phoebe A. Wood received a grant of deferred stock units under the company’s Directors Deferred Compensation Plan. She acquired 1,228.243 stock units linked to PPL common stock at a reference value of $35.62 per unit, bringing her total to 53,697.789 units. These units have no exercise price, and payout of the underlying securities will occur after her retirement, with totals reflecting reinvested dividends.

Positive

  • None.

Negative

  • None.
Insider WOOD PHOEBE A
Role null
Type Security Shares Price Value
Grant/Award Stock Unit (DDCP) 1,228.243 $35.62 $44K
Holdings After Transaction: Stock Unit (DDCP) — 53,697.789 shares (Direct, null)
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.
Stock units granted 1,228.243 units Director deferred stock unit award on 2026-07-01
Reference price per unit $35.62 per unit Value used for the reported stock unit grant
Total deferred units after grant 53,697.789 units Holdings following the reported transaction
Underlying common shares 1,228.243 shares Common stock underlying the new stock units
Stock Unit (DDCP) financial
"security_title: "Stock Unit (DDCP)""
Directors Deferred Compensation Plan (DDCP) financial
"under the terms of the Directors Deferred Compensation Plan (DDCP), payout ..."
underlying securities financial
"payout of the underlying securities will occur following a director's retirement"
reinvestment of dividends financial
"Total includes the reinvestment of dividends."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
WOOD PHOEBE A
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Unit (DDCP)(1)07/01/2026A1,228.243 (1) (1)Common Stock1,228.243$35.6253,697.789(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 Phoebe A. Wood07/02/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PPL (PPL) director Phoebe Wood report?

Phoebe A. Wood reported receiving a grant of 1,228.243 deferred stock units tied to PPL common stock. The award was made under the Directors Deferred Compensation Plan and increases her total deferred stock unit holdings to 53,697.789 units.

Is Phoebe Wood’s Form 4 transaction in PPL stock a market purchase or sale?

The Form 4 shows a compensation-related grant, not a market trade. Wood acquired 1,228.243 stock units as a director award, so there was no open-market buying or selling of PPL shares associated with this transaction.

How many PPL deferred stock units does Phoebe Wood hold after this grant?

After the 1,228.243-unit grant, Phoebe A. Wood holds a total of 53,697.789 deferred stock units. This total includes prior awards and the reinvestment of dividends credited under the Directors Deferred Compensation Plan.

What is the reference price for Phoebe Wood’s new PPL stock units?

The newly granted 1,228.243 stock units are valued using a reference price of $35.62 per unit. This price is used for reporting purposes in the Form 4 and reflects the per-unit value assigned on the grant date.

When will Phoebe Wood receive the PPL shares underlying these stock units?

Under the Directors Deferred Compensation Plan, payout of the underlying PPL securities occurs after a director’s retirement. The awarded stock units accumulate over time, and distribution is deferred until that retirement event.

Do Phoebe Wood’s reported PPL holdings include reinvested dividends?

Yes. The reported total of 53,697.789 deferred stock units includes the reinvestment of dividends. Dividend equivalents are credited as additional units under the Directors Deferred Compensation Plan and increase the overall reported balance.